Svea Herbst-Bayliss – Page 8

Columbia endowment up 11.5 percent, latest Ivy with strong returns

August 24, 2021 at 3:58 p.m.

(Reuters) - Columbia University said on Thursday that its endowment posted an 11.5 percent investment return during the 2013 fiscal year, making it the latest Ivy League school to report...

Three London-based fund managers leave Cohen’s SAC Capital

August 24, 2021 at 3:59 p.m.

(Reuters) - Three portfolio managers who worked for Steven A. Cohen's SAC Capital Advisors in London have left the hedge fund, which is currently fighting criminal insider trading charges. Alidod...

Highfields Capital to return up to $2 billion to clients

August 24, 2021 at 3:55 p.m.

BOSTON (Reuters) - Highfields Capital, which oversees $13 billion in assets for universities, hospitals and wealthy investors, plans to return as much as $2 billion to clients because it believes...

Co-founder of defunct hedge fund Diamondback launches new firm

August 24, 2021 at 3:24 p.m.

NEW YORK (Reuters) - Richard Schimel will launch a new hedge fund later this year, less than 12 months after closing Diamondback Capital in the wake of an insider-trading investigation...

U.S. judge puts SAC Capital civil lawsuit on hold

August 24, 2021 at 2:55 p.m.

NEW YORK/BOSTON (Reuters) - A U.S. judge put on hold a civil forfeiture lawsuit against Steven A. Cohen's SAC Capital Advisors hedge fund on Wednesday while a criminal insider-trading case...

Ackman turns back on J.C. Penney, sells entire stake in retailer

August 24, 2021 at 2:39 p.m.

(Reuters) - Hedge fund manager William Ackman, the biggest shareholder in J.C. Penney Co Inc , said on Monday he had sold his entire stake after his campaign to overhaul...

Ackman acknowledges retail blunders, digs in on Herbalife

August 24, 2021 at 2:26 p.m.

BOSTON (Reuters) - Activist investor William Ackman admitted he made mistakes in bets on retailers, including J.C. Penney where he has lost hundreds of millions of dollars, but is sticking...

Blackstone readies fund to let retail clients access hedge funds

August 24, 2021 at 1:18 p.m.

BOSTON (Reuters) - Blackstone Group LP, one of the world's biggest hedge fund investors, is now giving retail clients a taste of these normally exclusive portfolios through a new mutual...

Ackman may struggle to raise $1 billion in less than 10 days

August 24, 2021 at 1:00 p.m.

BOSTON (Reuters) - Hedge fund manager William Ackman's strong returns have made him into one of Wall Street's biggest managers, but even he may struggle to raise $1 billion in...

Former hit man expected to testify in Bulger murder trial

August 24, 2021 at 12:01 p.m.

BOSTON (Reuters) - Jurors are expected to hear more grisly details about reputed mob boss James "Whitey" Bulger's reign of terror in Boston when a former hit man testifies against...

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