Ackman exits ADP and United Technologies

In a letter to investors, Bill Ackman disclosed that Pershing Square had exited Automatic Data Processing as he views “the [Read More]
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AMG considering its future with BlueMountain Capital

Affiliated Managers Group is considering selling its majority stake in BlueMountain Capital after it took a $415 million write-down in [Read More]
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OZ Master Fund and Enhanced Master Fund climb 11.7% and 19.8% in H1

For the first half of the year, Och-Ziff Capital Management’s OZ Master Fund returned 11.7% while the OZ Enhanced Master [Read More]
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Sightings…

Amherst College has appointed Letitia Johnson as its new chief investment officer, effective September 9.  She will be responsible for [Read More]
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Launches: Woodline launches with $2B

Former Citadel veterans Michael Rockefeller and Karl Kroeker launched Woodline Partners on August 1 with $2 billion in commitments. It [Read More]
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