hedge funds
Mets owner Steve Cohen eyes new $1 billion AI fund: report
June 18, 2024 | 3:12pmThe 68-year-old investing icon has previously said that he expects AI technology to be "transformational" to the way firms do business.
Meet the anti-vax millionaire donor behind congestion pricing and RFK Jr.
June 16, 2024 | 11:53amWealthy hedge-funder Mark Gorton, 57, of Manhattan recently told The Post that he is probably the largest funder of transportation-related causes in the Big Apple centered around getting cars off...
Appeals court rejects SEC fee rule in win for private equity, hedge fund industry
June 5, 2024 | 1:16pmThe rule overturned on Wednesday required fund managers to issue quarterly performance and fee reports and perform annual audits.
A hedge funder's private island off the coast of Connecticut has listed for $35M
June 5, 2024 | 1:02pmGreg Jensen's Rogers Island is a stunning retreat accessible only by boat -- and now it can be your own oasis.
Bill Ackman sells 10% stake in Pershing Square before IPO
May 31, 2024 | 1:33pmAckman is selling an ownership stake in the firm ahead of a funding round that is expected to value the company at $10.5 billion.
Billionaire Nelson Peltz rakes in $1B after selling entire Disney stake following board fight: report
May 29, 2024 | 6:31pmIn April, Disney shareholders backed Chief Executive Bob Iger and other company directors after a multimillion-dollar, mud-slinging battle launched by Peltz and Blackwells Capital.
Biden billionaire megadonor faces ouster from own company over 'serious concerns' about conduct
May 17, 2024 | 12:25pmThe entrepreneur founded Masimo but its shares have plunged. He could be deposed as chair if a hedge fund has its way. His fortune is a cash spigot for Democrats.
Archegos' Bill Hwang lied to become Wall Street legend, causing $36B fund to collapse: prosecutors
May 13, 2024 | 4:37pmArchegos' collapse caused more than $100 billion in shareholder losses at companies in its portfolio, harming investors who sold shares after their scheme collapsed, prosecutors also allege.
Biden is making it harder to buy homes — just to please green radicals and Wall Street
May 10, 2024 | 5:56pmThe Department of Housing and Urban Development exists to boost affordable housing for Americans, yet under President Biden, HUD is issuing a new rule that'll instead rise the cost of...
Jim Simons, billionaire hedge fund manager, math whiz and philanthropist, dies at 86
May 10, 2024 | 1:26pmSimons, a prolific philanthropist who has given away hundreds of millions of dollars to Stony Brook University, died in New York City on Friday.
Billionaire's new building to soar over Midtown for one very specific reason
April 22, 2024 | 4:06pmBillionaire hedge funder Ken Griffin, along with Vornado Realty Trust and Rudin, aim to breathe life back into a pocket of Midtown that COVID left empty.
Izzy Englander's hedge fund sued by rival who claims trade secrets were stolen
April 12, 2024 | 6:23pmJane Street said the traders had been "intimately" involved in developing the strategy before resigning separately to join Millennium in February.
Billionaire John Paulson, 68, engaged to fitness influencer, 35, while battling ex in bitter divorce
April 9, 2024 | 7:27pmPaulson has popped the question while currently still embroiled in a bitter divorce battle with his ex-wife Jenny.
Junior bankers say they'll quit after bonuses fall — but top 0.1% celebrate soaring market and plunging private jet costs
April 4, 2024 | 5:00amLow-level bankers didn't get the 100% bonuses they expected but the biggest bosses are smiling: stocks and Bitcoin are up and jet charters are down.
Citadel CEO Ken Griffin says politicians spending 'at the expense of future generations' as US debt hits new heights
April 2, 2024 | 2:22pm"It is irresponsible for the US government to incur a deficit of 6.4% when unemployment is hovering around 3.75%," Griffin wrote.
Advance Auto Parts to add 3 new directors after Dan Loeb's firm takes stake
March 11, 2024 | 6:54pmThe board refreshment comes only six months after the company picked Shane O'Kelly, a former US Army captain who had held senior roles at Home Depot, to replace Tom Greco...
Hedge fund boss Chase Coleman's assistant was lavished with perks, but stress of the job forced her to quit: memoir
March 11, 2024 | 12:20pmCarrie Sun worked for Tiger Global, the Midtown Manhattan-based hedge fund with an estimated $58 billion in assets under management
Controversial billionaire roasted for declaring 'Taylor Swift for President' with Eras Tour selfie
March 7, 2024 | 2:31pmBillionaire hedge fund titan Ray Dalio appears to be "feeling 22."
Hedge funder burned for blaming $85 room service bill from ritzy NYC hotel on Biden, inflation: 'You gonna be OK?'
February 29, 2024 | 8:33pm"You ordered room service in a 5 star Manhattan hotel. What were you expecting? Poor guy. I bet that broke the bank paying the $10 to have someone bring your...
One of the highest-paid hedge fund bosses made $610M from these 10 stocks last year: report
February 20, 2024 | 1:28pmBill Ackman reportedly raked in $610 million in 2023 to land in the top 10 on Bloomberg's annual list of best-paid hedge fund founders, the outlet reported Tuesday.