Chatham may close liquid alt unit as it favors locking up assets for the longer term

Chatham Asset Management, the credit hedge fund manager, manages $763 million in liquid alts for a variety of clients. Franklin [Read More]
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Major cannabis stocks are in a bear market

May was a rough month for stocks in general as the S&P 500 dropped 6.4%. Cannabis stocks were no exception. [Read More]
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Barnes & Noble going private through Elliott transaction

Elliott Management’s affiliate Elliott Advisors (UK) is buying Barnes & Noble for $475.8 million, in an all-cash transaction. The offer [Read More]
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Gentry Beach and Robert Vollero to get $90M payout from Touradji

On May 24, a Manhattan jury found Paul Touradji was in breach of contract for an oral compensation agreement. The [Read More]
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Sightings….

DE Shaw has told its investment employees that they have until September 16 to sign new non-compete terms or they [Read More]
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