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Launches: ExodusPoint looking to raise $1B, Lansdowne launching long-only retail fund, Abrams launches Adira Investment Management
Posted: September 12, 2023
Michael Gelband and Hyung Lee’s ExodusPoint Capital Management, is looking to raise $1 billion in new assets by year-end. According [Read More]
Performance Round-Up: Credit funds strong while multi-strats lag and trend followers struggle
Posted: September 11, 2023
Credit funds that focus on distressed debt are profiting as companies, particularly weaker, smaller and mid-sized ones, face higher [Read More]
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Artificial Intelligence Concerns (and Possible Solutions)
Posted: September 7, 2023
Job displacement, copyright infringement, regulation, and data issues such as hallucinations and misinformation are some of the major concerns in [Read More]
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Former prison correctional counselor pleads guilty to accepting Rajaratnam bribes
Posted: September 7, 2023
William Tidwell, a former correctional counselor at the Federal Medical Center Devens in Massachusetts, pleaded guilty to taking $90,000 [Read More]
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Boaz Weinstein group strengthens term offerings for Sculptor in attempt to alleviate board’s concerns
Posted: September 7, 2023
The Boaz Weinstein group, also known as Bidder J, revised its terms to acquire Sculptor Capital Management. The bid [Read More]
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