Alternative Investments

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The Secret Club For Billionaires Who Care About Climate Change

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Creo members make a wide variety of bets that might make a difference—and make money.

Soros’s Money Managers In U.K. Poised For $38 Million Payday

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Soros Fund Management offers pay significantly higher than that of most executives at family offices.

Peter Thiel Is Richer Than Ever As Tech Wins Eclipse Macro Mess

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Thiel may be one of the best investors in Silicon Valley, but his track record is decidedly mixed.

Hedge Funds Loading Up On Darling Stocks Got A Rude Awakening

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Market winners and laggards switched positions at the fastest rate on record Monday

Blackstone Retires GSO Name, Marking End Of An Era In Credit

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GSO Capital Partners will be rebranded as Blackstone Credit, the firm said Monday.

VF Soars Most In 33 Years After $2.1 Billion Supreme Deal

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An earlier report showed Carlyle paid $500 million in 2017 for a roughly 50% stake in the fashion brand.

Retail Might Be Struggling, But The Rich Are Buying Rare Books

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People are "sitting at home and buying a lot of books," says one rare book dealer.

Paul Singer’s $41 Billion Hedge Fund Moving Headquarters To Florida

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Elliott Management follows David Tepper's Appaloosa Management to the Sunshine State.

Billionaire Brothers Bet On William Hill Before Stock Surge

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Since March, the Done family has doubled its holdings in William Hill to 6%, via a company they control.

Fueled By Free Money, A Tiny Lender Is Snapping Up PPP Loans

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The Loan Source aims to eke out a small profit from servicing the debt.

Advisor Flips, Code Names Cracked In Tax Probe Of Texas Mogul

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An ongoing investigation may have uncovered one of the largest tax frauds in U.S. history.

A Capitalist Repents: Jeff Ubben Is Out To Make Things Right

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The hedge fund maven seeks to atone for his past wholly returns-oriented investing style.

He’s 91 And Worth Billions. Now Jimmy Pattison Is Hunting Deals

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Canada's fifth-richest person is shifting his focus to climate change.

Navy SEAL Trader At Jefferies Helped Expose Hedge Fund Scandal

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The 43-year-old trader was allegedly pushed not to bid on the bankrupt Neiman Marcus.

Hedge Fund Marble Ridge To Shut After Neiman Marcus Blowup

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A managing partner of the fund is blamed for interfering with Neiman Marcus's liquidation.

Wall Street

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Private equity partners do not seem enticed by the low rate environment.

Billionaires Hunt Real Estate Bargains, Boost Equity Allocations

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As the global economy continues to slump, the wealthy are seeing opportunities.

Doomsday Hedge Fund Sees Gold Topping $3,000 An Ounce

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The fund is predisposed toward hedging the next big crash while generating capital over time.

NYC Hedge Funds Angle For Work-From-Home Windfall On Their Taxes

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That may mean yet another financial hit for New York City.

Who Has Short Shorts: Elon Musk Sells Them For Real At $69.42

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Musk is selling short pants to ridicule Tesla short sellers like David Einhorn.

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