About $300N was spent on vacation homes in the Bahamas to be used by senior FTX executives

Posted: November 22, 2022

At today’s Delaware bankruptcy proceedings, John Bromley, counsel to FTX’s new management, said Sam Bankman-Fried ran FTX as “his personal [Read More]
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Endowment Scorecard: University of Chicago -8.8%, Amherst -10%

Posted: November 22, 2022

The University of Chicago endowment posted an 8.8% loss for FY2022 compared with a gain of 37.6% in the prior [Read More]
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Infinity Q Capital’s James Velissaris pleads guilty to securities fraud

Posted: November 21, 2022

James Velissaris, founder and former chief investment officer of Infinity Q Capital Management, pleaded guilty today to one count of [Read More]
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Man Group’s AHL to launch crypto hedge fund…FTX owes 50 largest creditors $3.1B

Posted: November 20, 2022

Man Group, which manages $138 billion in assets, is planning to launch a crypto-focused hedge fund through AHL, perhaps by [Read More]
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Sculptor Capital Management forms special committee to explore potential interest from third parties

Posted: November 18, 2022

Sculptor Capital Management (formerly Och-Ziff) announced today that its board, composed solely of independent directors, formed a special committee to [Read More]
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