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Endowment Scorecard: University of Michigan 5.2%, Cornell 3.6%, Princeton -1.7%
Posted: October 30, 2023
Headwinds in FY2023 included persistent above-normal inflation, continued monetary tightening in the US and globally, and ongoing geopolitical tensions, especially [Read More]
SEC investigating Two Sigma over researcher’s manipulation of firm’s models
Posted: October 30, 2023
The Securities and Exchange Commission is investigating Two Sigma Investments for an incident where Jian Wu, a senior vice president, [Read More]
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Sam Bankman-Fried is expected to take the stand today
Posted: October 27, 2023
As Sam Bankman-Fried’s trial comes to a close, he is expected to take the stand today at 9:30 am. He [Read More]
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Dan Och and group agree to Rithm’s new bid of $12.70 for Sculptor
Posted: October 27, 2023
Sculptor Capital Management’s suitor, Rithm Capital, has again sweetened its offer to $12.70 per Class A share which values the [Read More]
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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]
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