Bill Ackman Gets Behind Someone Else’s Hedge
Bill Ackman is doing something new and is getting behind another hedge besides his own, but it is still a hedge fund that is pretty close to home. Ackman, whose hedge fund was among the best-performing of 2014, More...
Soros Creates New World Order, But Rich Still Buying Hiding Places, Just in case
A right-leaning website, RightSideNews, thinks George Soros is starting a New World Order and the rich are getting ready to run for the hills. The website reports that George Soros founded and funds a group More...
Bill Ackman Hauled in $11.6 Billion for Investors over Past 11 Years
Hedge fund manager Bill Ackman, the CEO of Pershing Square Capital, has gained $11.6 billion for his investors since 2004, according to LCH Investments NV, Business Insider said. The 48-year-old activist investor More...
Och-Ziff to Release 2014 Q4 and Full Year Results
Och-Ziff Capital Management Group plans to announce its 2014 fourth quarter and full year results, and its 2014 fourth quarter dividend, on February 5 in a press release that will be issued prior to the More...
Report: Carl Icahn, John Paulson Suffer Tremendous Losses from Energy Price Declines
U.S. hedge funds bet billions of dollars on oil & gas stocks in 2014, but the drop in oil and gas prices has left them with enormous losses, The Motley Fool (TMF) said. Hedge fund manager John Paulson More...
The Bucks (Start and) Stop With Tom Steyer As He Considers Senate Run
Tom Steyer was the top financial backer of political candidates in the congressional elections, and instead of bankrolling this time around, he might actually do the job himself with a Senate run More...
Herbalife Stock Rebounds as Company Dismisses Bill Ackman’s Latest Criticism
Global nutrition company Herbalife issued an official response to comments made the previous day by activist investor Bill Ackman regarding its business model, claiming they came as no surprise and were only More...
Marc Lasry Plans Billion-Dollar Development for Downtown Milwaukee
TCW Group Inc. Chairman Marc Stern is among the newest owners of the National Basketball Association’s Milwaukee Bucks, a team controlled by Avenue Capital Management’s Marc Lasry and Fortress Investment More...
Bill Ackman Compares Herbalife to Bernie Madoff, Stock Takes Hit
Activist investor Bill Ackman renewed his attack on Herbalife during a CNBC interview Wednesday, likening the nutrition and weight management company to convicted fraudster Bernie Madoff. “Herbalife, we’re More...
Herbalife Bull Paul Sohn Leaves Soros Management
The portfolio manager behind George Soros’ controversial bet on Herbalife, Paul Sohn, left Soros Capital Management, but a spokesperson told CNBC that “Paul Sohn’s departure is unrelated More...