Ackman profits $200M on Treasury shorts…Flagship fund gains 11.6% YTD
Posted: October 25, 2023
Pershing Square Capital profited $200 million from short positions against US 30-year Treasury bonds. While he made $300 million in [Read More]
Neil Phillips found guilty of commodities fraud market manipulation
Posted: October 25, 2023
Glen Point Capital’s co-founder Neil Phillips was found guilty of commodities fraud by a Manhattan jury today. He was found [Read More]
Neil Phillips found guilty of commodities fraud market manipulation
Posted: October 25, 2023
Glen Point Capital’s co-founder Neil Phillips was found guilty of commodities fraud by a Manhattan jury today. He was found [Read More]
Boaz Weinstein Group ups bid for Sculptor Capital to $13.50
Posted: October 25, 2023

The consortium led by Saba Capital’s Boaz Weinstein upped its bid for Sculptor Capital to $13.50 per share from its [Read More]
Closing: BlackRock’s Obsidian
Posted: October 25, 2023
BlackRock is shutting down its first hedge fund, the Obsidian Fund, as Stu Spodek announced he is stepping away from [Read More]