Bitcoin drops below $8000 as Twitter bans cryptocurrency ads

Bitcoin prices dropped close to 7% on news today that Twitter would be banning ads related to Initial Coin Offerings [Read More]
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Blackstone fund takes passive minority stake in PAG

Blackstone’s Strategic Capital Holdings Fund, which is a part of Blackstone Alternative Asset Management and which specializes in minority partnerships [Read More]
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Sightings….

Spencer Rhodes has joined CQS (UK) as a partner and global head of strategy and business development for distribution, a [Read More]
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Launches exceeded liquidations in 2017 – liquidations at lowest level since 2011

HFR’s Market Microstructure Report finds that 735 hedge funds launched in 2017. The 190 hedge fund launches in Q4 outpaced [Read More]
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Ackman takes a quick $100M profit in Nike

Bill Ackman’s Pershing Square Capital Management sold about 5.8 million shares of Nike, resulting in a quick $100 million profit [Read More]
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