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Cooperman takes 2% stake in Manchester United
Posted: November 14, 2023
Retired hedge fund manager Leon Cooperman has taken a stake in Manchester United, the football team. According to a recent [Read More]
Two roadblocks removed for Thursday’s shareholder vote on Rithm’s takeover of Sculptor Capital Management
Posted: November 14, 2023
On Thursday, Sculptor Capital Management shareholders will vote on Rithm Capital’s acquisition. Two lawsuit challenges have been removed, paving the [Read More]
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Johnson Associates predicts hedge fund bonuses will range from -5% to +5%
Posted: November 14, 2023
Johnson Associates’ survey finds that Wall Street bonuses will, on average, be flat or down in 2023 compared with 2022. [Read More]
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AM Best: Insurers’ hedge fund holdings shrank by 9.9% last year
Posted: November 14, 2023
AM Best’s special report, “Book Value of Insurers’ Hedge Fund Investments Declines,” discloses that insurers’ hedge fund holdings shrank by [Read More]
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Closing: Trikon Asset Management
Posted: November 13, 2023
Hong Kong-based Trikon Asset Management is shutting down after five years. Gaurav Grover is not retiring but taking some time [Read More]
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