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Peter Thiel-Backed Crypto Exchange Bullish Exits SPAC Deal Over New SEC Practices
Thursday, December 22, 2022 - 10:45pm | 284Read More...Peter Thiel-backed cryptocurrency exchange Bullish has decided to put its plans of going public on hold. What Happened: Bullish said on Thursday that it had come to a mutual agreement with Far Peak Acquisition to no longer pursue a merger that would have seen it listed on the New York Stock...
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Investors to Receive $2 Billion Back From Bacon's Macro Fund
Thursday, August 2, 2012 - 12:21pm | 453Read More...Prominent head of Moore Capital Management Louis Bacon has decided to return $2 billion to investors. His assessment is the company, which has total assets of $15 billion, cannot perform up to its 23 year average return of 18.8 percent in the prevailing tumultuous political and economic climate...
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Global X Files For "Air Jordan" ETFs (QAI, SIL, URA)
Monday, March 26, 2012 - 10:15pm | 442Read More...Global X, the New York-based ETF issuer known for its unique and often first-to-market emerging markets and sector ETFs, has filed plans with the Securities and Exchange Commission to possibly introduce a quarter of unusual ETFs designed to offer investors exposure to various hedge fund and value...
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Baby Boomer Hedge Fund Managers Getting Ready to Retire, Hand Over Reins
Wednesday, June 9, 2010 - 7:27am | 144Read More...As the baby boom generation ages and gets ready to retire, hedge fund managers from that generation are grooming successors to take over once they leave, Bloomberg writes. Instead of just shutting down the fund like predecessors, hedge fund managers like Steven Cohen of SAC Capital Partners, Louis...
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Hedge Funds Lose Most Last Month Since Lehman Aftershock
Tuesday, June 1, 2010 - 10:40am | 209Read More...According to an article in Business Week, hedge funds had their worst month since after Lehman Brother's bankruptcy in the fall of 2008. The Dow Jones Industrial Average posted its worst May performance since 1940. On average, hedge funds lost 2.7% through May 27, representing the worst monthly...
