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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SEC unveils proposal regarding broker-dealer conflict of interest and artificial intelligence…SEC adopts new rule that publicly traded companies must disclose significant cybersecurity breaches within four days          

Posted: July 26, 2023

The Securities and Exchange Commission has unveiled a proposal that would require broker-dealers to determine if their use of AI [Read More]
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Sightings….

Posted: July 25, 2023

Tarek Rizk has joined Balyasny Asset Management as head of the Mena region where he will oversee the new office [Read More]
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