Harvard endowment drops 2% while MIT gains 0.8%, Wake Forest up 0.9%.

  Harvard University’s endowment lost 2% in FY2016, largely due to positions in stocks and natural resource holdings in South [Read More]
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Cooperman refuses to settle with SEC, fights back

  On a conference call with  investors on Wednesday afternoon, Leon Cooperman said he refused to settle with the SEC [Read More]
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Sightings…

Michael DePalma has joined Boston-based PhaseCapital as managing partner, replacing John Donahue. DePalma had previously been director of fixed income [Read More]
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Launches:  New fund from SpringOwl, Oaktree-Virtus strategic relationship announced

Jason Ader and Andrew Wallach’s SpringOwl Asset Management is planning to launch a new fund in the fourth quarter.  Further [Read More]
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Cooperman and Omega Advisors charged with insider trading

  The Securities and Exchange Commission charged Leon Cooperman and his firm Omega Advisors with insider trading regarding his buying [Read More]
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