In the ever-changing world of cryptocurrency, big players are making bold moves. Galaxy, a company led by crypto billionaire Mike Novogratz, is launching a new hedge fund worth $100 million. This fund will invest in both crypto tokens and stocks related to digital assets. The goal? To make money whe
A fresh face has entered the hedge fund world, and it's already making waves. Invictus Investment Partners, a new player based in Hong Kong, has secured a solid $200 million backing from Squarepoint Capital. This isn't just any startup; it's led by some big names in the industry. Tomohiro Yamaguchi
In the world of high-stakes investing, one name is making waves. Chris Hohn, the mastermind behind TCI Fund Management, just shattered records. His firm raked in a whopping $18. 9 billion in profits last year. This staggering amount didn't just break the bank; it also broke the record set by Ken Gri
Jason Genrich, a key figure in the technology investment world, has stepped down from his role at Elliott Investment Management. This news, shared with clients on a Friday, marks a significant shift for the hedge fund. Genrich, who is 38 years old, was a partner and senior portfolio manager. He wil
A Florida man's clever lie about an AI-powered hedge fund has come to an end. A judge in Brooklyn has approved a deal where he must pay back over $4 million. This is what happened. Mina Tadrus claimed his company, Tadrus Capital LLC, used artificial intelligence to make big profits. But it was all
In the bustling financial hub of London, a new player has emerged, making waves in the investment world. Ilex Capital Partners, founded by former Citadel traders Jonas Diedrich and Dave Sutton, has swiftly grown to manage an impressive $7 billion. This growth is not just from new investments but als
November was a month of ups and downs for hedge funds. Despite a rough start with tech stocks taking a hit, big names like Citadel, Balyasny, and Point72 still managed to make gains. Citadel, based in Miami and led by billionaire Ken Griffin, saw its main fund, Wellington, rise by 1. 4%. This bring
Nextdoor's stock price shot up by nearly half its value recently. This big jump happened because a well-known hedge fund manager, Eric Jackson, shared his positive views on the company. Jackson, who runs EMJ Capital, thinks Nextdoor is often misunderstood. He argues that Wall Street is undervaluing
Crypto markets are known for their wild swings. But what if there was a way to enjoy the upsides without the stomach-churning downsides? That's the question Eric Jackson, a seasoned hedge fund manager, is tackling with his new venture, EMJ Capital. Jackson's firm is gearing up to launch EMJX, a cry
In the world of finance, big moves are happening. Two experienced professionals are joining forces to launch a new hedge fund. This fund will focus on Japan's market. Takeo Serizawa, a former portfolio manager at Citadel, is teaming up with Tomohiro Yamaguchi. Yamaguchi used to head Point72 Asset Ma
