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Alternative Investments

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Hedge Fund That Beat 99% Of Peers Places Contrarian Bet On Meta

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One top-performing manager, Tom Morris of the Liontrust GF Tortoise Fund, is going against the tide.

Bankman-Fried Courted Legislators And Regulators. Now, They're Shunning Him

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All of the FTX co-founders supporters seem to have evaporated in the wake of his firm's bankruptcy.

Sam Bankman-Fried Fooled The Crypto World And Maybe Even Himself

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It's been one of the most harrowing weeks in the young, freewheeling crypto world.

Billionaire Dan Och Slammed By Hedge Fund For 'Mismanagement'

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A court filing claims Och mishandled a 2016 African bribery scandal involving the firm.

Why A Hedge Fund Manager Is Betting On Pickleball With Tom Brady

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Tom Wagner believes the team's value could significantly increase as the sport becomes more popular.

Hedge Fund ETF Up 33% This Year Jumps Past $1 Billion In Assets

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The ETF started the year with just $60 million in assets.

A 27-Year-Old Is Taking On Big Banks To Lure Mega-Rich Families

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Jasper Lau, who started 8090 Partners, got his break in business through YouTube.

Ray Dalio Gives Up Control Of Bridgewater In Final Succession Step

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Dalio founded Bridgewater from his two-bedroom New York City apartment in 1975.

Eli Manning Scores First PE Deal As Partner At Brand Velocity

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A squad of current and former pro athletes across multiple leagues also invested.

Billionaire Sports Owner Harris Builds New $5 Billion Investment Firm

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Josh Harris, owner of the Philadelphia 76ers and New Jersey Devils, has been planning to start a firm for about a year.

Bankman-Fried Says His Crypto Bailouts Had ‘Mixed Results'

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With bitcoin prices hovering near $20,000, Sam Bankman-Fried said it could always be worse.

Carried-Interest Tax Provision Safe, But Only For Now

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There's still a strong sentiment in Congress that the tax break needs to be reduced or eliminated.

NFT Prices Diverge Sharply As Ethereum 'Merge' Mania Intensifies

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Investors have piled into ether ahead of a software upgrade.

Lambo Dealers Are Keeping Warm Despite Crypto Winter

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The recent crash in the price of crypto has flooded second-hand markets with other luxury goods.

Bill Ackman Donates $18,000 For Toddler Orphaned In Highland Park Shooting

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In the aftermath of the shooting, Ackman took to Twitter to decry the mass shootings in the U.S.

Leon Black's Family Office Hires JPMorgan Executive For VC Bets

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The controversial investor maintains a stake of about $4 billion in Apollo Global Management.

Crypto Billionaires' Vast Wealth Destroyed In Weeks Amid Turmoil

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Those who built their fortunes on crypto are learning they can also lose those fortunes in crypto.

Allium Financial Names Alternatives Specialist As CIO

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Scott Thompson has 25 years of experience in alternative assets.

Plotkin Apologizes For Fund Reboot As Clients Await Better Plan

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Melvin Capital's founder must figure out a fresh strategy to revitalize the firm's fortunes.

Don't Pop That Crypto-Cork Just Yet On Wine NFTs

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A few future-oriented, buzz-seeking, big-name wine entered the NFT space last year.

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