By Jewish Business News On Thursday, January 12th, 2017

Billionaire George Soros Reportedly Lost Nearly $1 Billion During Trump Rally, WSJ

The Wall Street Journal reported on Tuesday that hedge-fund manager and billionaire George Soros lost nearly $1 billion following the stock market surge which came as a result of Donald Trump’s victory More...

By Ilan Shavit On Wednesday, January 4th, 2017

Blackstone to Buy Music-Rights Company Sesac

Blackstone Group, which is lead by Stephen Schwarzman, has entered into an agreement to acquire the only U.S music rights organization SESAC Holdings from Rizvi Traverse Management. Although financial terms More...

By Albert Hecht On Wednesday, December 7th, 2016

Leon Cooperman Now More Likely to Face Insider Trading Charges

Leon Cooperman is more likely than ever now to see the inside of a courtroom over alleged insider trading. This is because of Tuesday’s Supreme Court decision in an unrelated case. The Omega Advisors CEO was More...

By Lily Bethlehem On Wednesday, November 30th, 2016

Bill Ackman’s Pershing Square Capital Management May Lose Millions Over Campaign Donation.

  Bill Ackman‘s Pershing Square Capital Management might need to return millions in fees due to a lousy $500 donation to a political campaign. The donation was made by an employee to a family friend’s More...

By Gil Tanenbaum On Wednesday, November 30th, 2016

Paul Singer’s Elliott Management Invests $1.4 Billion in Cognizant Technology

Paul Singer has invested $1.4 billion in Cognizant Technology. His Elliott Management Hedge Fund now has a 4 percent stake in the company. Cognizant Technology’s shares jumped 7 percent after Paul Singer More...

By News Brief On Thursday, November 10th, 2016

Blackstone, KKR Said to Ready Bid Financing for Valeants iNova

  Blackstone Group (lead by Stephen Schwarzman), KKR & Co. (Kohlberg Kravis Roberts) and Carlyle Group (David Rubenstein) are in talks with banks for financing to back their bids for Valeant Pharmaceutical More...

By Gil Tanenbaum On Sunday, November 6th, 2016

Carl Icahn Increases Herbalife Position — Buys $100 Million in Shares

Carl Icahn is betting big on Herbalife. He increased his position in the diet aid company by $100 million shares this week. The billionaire increased his stake in Herbalife from 20.8% to 23.1% with the purchase More...

By Alan Gallindoss On Tuesday, August 30th, 2016

Mikhail Fridman, German Khan Invest $50 Million in Wireless Internet Mobile Service Provider Startup

  LetterOne (L1), the investment fund owned by Russian billionaires Mikhail Fridman and his business partner German Khan,  today announces a strategic partnership with startup FreedomPop, the disruptive More...

By News Brief On Friday, August 12th, 2016

The Herbalife Saga Is ‘Far From Over’

The Herbalife saga is “far from over, ” according to Ted Braun, the director of “Betting On Zero” — a documentary that chronicles hedge fund manager Bill Ackman’s billion-dollar wager against the multilevel More...

By Ilan Shavit On Friday, July 15th, 2016

Bill Ackman Releases 18th Video Crusade Against Herbalife After $1Billion Hit

  Bill Ackman’s Pershing Square continues his almost four years crusade against Herbalife. The hedge funed released its 18th video on Thursday warning investors about the alleged the company is a More...


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