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Former foreign-exchange heavyweight Anil Prasad will shut down Silver Ridge, his macro hedge fund, The Financial Times reported Wednesday.
It's a foreboding sign for the industry that's seen more funds close than open in the last five years.
Hedge fund giant Ken Griffin highlights the 4 key qualities a company needs for a successful direct listing
The IPO market will still see "a significant majority" of public debuts, but Griffin expects many popular startups to employ direct listings in 2020.
Hedge fund billionaire Ken Griffin calls markets ‘utterly and completely unprepared’ for jump in inflation
Griffin also called the coronavirus outbreak "the most concrete short-run risk we see in the financial markets globally."
Coronavirus fallout ‘certainly ruined the environment’ for market bulls, hedge fund billionaire David Tepper says
Tepper also warned against taking additional risks until the outbreak subsides, saying "if you're a long-term person, you better not be leveraged."
Billionaire Glenn Dubin just retired from his hedge fund, and he said his family’s ties with Jeffrey Epstein didn’t play a role in the dec...
His retirement comes weeks after an investigation by Business Insider into the Dubin family's complex ties to convicted pedophile Jeffrey Epstein.
Legendary investor Bill Miller scored 120% returns though he did ‘nothing’ in the last months of 2019
The typical hedge fund failed to post returns in the double-digits in 2019 — but Bill Miller's fund capped off the year more than doubling.
Einhorn's short positions in Tesla and Netflix may have weighed on his yearly returns in 2019. Both equities rallied more than 20% during the year.
A formerly dominant hedge fund lost 35% last year after repeatedly betting against the record-setting stock market
The Horseman Global Fund run by career-contrarian Russell Clark posted its worst annual performance ever in 2019.
"I’ve decided that at this point in my life I’d like to enjoy a warmer climate and a more casual pace year-round," Icahn said.