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Man Group’s performance fees and profits plunge while assets hit record $151.7B…Stock is trading down over 7% today
Posted: August 1, 2023
Man Group’s performance fees plunged 92% to $32 million in the first half of 2023 which impacted pre-tax profits which [Read More]
Coatue raises $331M for third early-stage fund, falling short of target
Posted: July 31, 2023
Coatue Management has raised $331 million for its third early-stage fund. The target was $500 million – the amount raised [Read More]
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Tiger Global makes $3.5B profit on its $1.2B Flipkart investment…WalMart pays $1.4B for Tiger Global’s remaining Flipkart stake
Posted: July 31, 2023
WalMart bought out Tiger Global’s remaining stake in Flipkart for $1.4 billion. Tiger Global, which cashed out most of its [Read More]
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Bill Hwang wants to subpoena 10 bank counterparties as they “played a pivotal role” in Archegos collapse
Posted: July 27, 2023
Archegos Capital founder Bill Hwang is seeking to subpoena 10 banks in order to shift blame that the family office [Read More]
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More details available on Canada Pension Plan Investment Board’s seeding program
Posted: July 27, 2023
As reported on Monday, Canada Pension Plan Investment Board is planning to seed more hedge fund startups. They aim to [Read More]
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