Potential 2.5% excise tax in Massachusetts would impact 13 large endowments
Posted: March 14, 2024
Legislators in Massachusetts are considering imposing a 2.5% excise tax on private institutions of higher learning with endowments over $1 [Read More]
John Paulson and Scott Bessent are among the names Trump is considering as Treasury Secretary
Posted: March 14, 2024
Informal and preliminary discussions have included John Paulson and Scott Bessent as possible Treasury Secretary if Donald Trump should win [Read More]
Performance Round-Up II: Light Street Capital, Third Point surge in February
Posted: March 12, 2024
Equity focused and equity long/short managers showed strength in February while macro and multi-strategy managers lagged. From a variety of [Read More]
Sightings…
Posted: March 11, 2024
Balyasny Asset Management’s hiring spree continues. It has hired Dan Avery to set up a delta one team, reports eFinancialCareers. [Read More]
Callan: Elevated short-term rate environment should increase the expected return for hedge fund strategies in 2024
Posted: March 11, 2024
Joe McGuane, senior vice president of Callan’s Alternatives Consulting, writes in the firm’s blog: “Callan remains constructive on hedge funds [Read More]