TCI, Slate Path, Marshall Wace, Coatue are big winners in Wirecard collapse

Hedge funds have profited $1.68 billion by shorting Wirecard, the German fintech firm. The firm disclosed its accounting irregularities on [Read More]
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Busson to delist LumX but firm will continue as a private company

Arpad “Arki” Busson will be delisting LumX from the Swiss stock market next Tuesday. LumX will continue as a private [Read More]
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South Korea’s Optimus Asset Management suspends redemptions in two more funds

Seoul-based Optimus Asset Management, which has $432 million in assets, has suspended redemptions from two more funds, bringing the total [Read More]
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Survey: 61% of managers expect one-half of their workforce will return prior to Q4

The Seward & Kissel Alternative Investment Manager COVID-19 Survey finds that 61% of the managers surveyed believe that up to [Read More]
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SEC’s suit against Boaz Manor on pause pending parallel criminal investigation

US District Judge Stanley Chesler has halted the SEC suit against Boaz Manor and Edit Pardo due to a pending [Read More]
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