University of Kentucky  allocates to Graham, Fir Tree, Rimrock, Governors Lane and AQR

The University of Kentucky, which has a $1.2 billion endowment, allocated $12 million to Graham Capital’s Tactical Trend Capped Beta, [Read More]
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Seward & Kissel: Sharp increase in new funds using non-equity strategies

    Seward & Kissel’s 2016 New Hedge Fund Study found an increasing number of newly launched hedge funds are [Read More]
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Jim Simons, Michael Platt top Forbes’ 2016 top hedge fund earners’ list

Jim Simons, founder of Renaissance Technologies, and Michael Platt, founder of BlueCrest Capital, each had earnings of $1.5 billion, according [Read More]
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Ackman exits Valeant position…stock tanks

Bill Ackman’s Pershing Square has exited his 5.3% position in Valeant Pharmaceuticals (VRX), selling 27.2 million shares at about $11 [Read More]
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Sightings…

Alice Ruth, who had been the chief investment officer at Willett Advisors, Michael Bloomberg’s family office and foundation, has been [Read More]
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