But there’s no need to pass the hat for Jim Simons, the founder of the quantitative hedge fund giant. During this period, Simons has earned a total of more than $32 billion. In fact, during the ...

The IPO market for biopharma companies is heating up.At least three companies with venture capital backing have filed plans to go public this month. All of them enjoy the backing of hedge funds, which ...

After building the Illinois Police Officers' Pension Investment Fund from scratch since joining in May 2021 as the plan’s debut investment chief, Kent Custer is ready to make sizeable investments in ...

Goldman Sachs is looking to become a major player in the rapidly expanding world of private credit financing. The investment banking giant announced this week that it plans to deepen its presence in ...

With AI-related stocks accounting for 75 percent of S&P 500 returns since ChatGPT was launched in 2023 — along with 80 percent of earnings growth and 90 percent of capital spending — there’s little ...

After a year marked by trade wars, historic market volatility, and questions about what once seemed immutable — the U.S. dollar as the world’s reserve currency and the independence of the Federal ...

Bill Ackman’s hedge fund is having a good year, but it has sold out of two big losers: Chipotle and Nike. Pershing Square Holdings, Ackman’s publicly traded fund, was up more than 17 percent as of ...

Daniel Michalow was a golden child at D.E. Shaw, the now-$70 billion hedge fund he joined in 2004 at the age of 21, straight out of Harvard. By the end of 2011, he had become the firm’s youngest ...

Hedge funds turned in one of their strongest first-half performances in nearly three decades, according to exclusive data from PivotalPath, with technology specialists leading gains and multi-strategy ...

Woodline Partners was founded by three former Citadel portfolio managers and traders in 2018, and the equity-driven hedge fund has racked up annual gains between 10.2 percent and 14.4 percent in its ...

Shortly after Kenneth Brody launched Sutton Square Partners in 2016 — three years after retiring from Taconic Capital, the hedge fund firm he co-founded with fellow Goldman Sachs partner Frank Brosens ...

Private equity is facing lackluster fundraising and few options to sell portfolio companies — but that has been a tailwind for the secondary market, which investors use to sell their stakes in PE ...