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Bloomberg News
Billionaire John Paulson, the hedge-fund manager trying to recover from losses related to bullion this year, posted a 13 percent decline in his Gold Fund last month, according to a letter to...
by
Michael S. Fischer
As alternative investments rapidly go mainstream, angel investments that have typically been the domain of the ultra rich are opening up to a broader swath of mass affluent investors.
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Bloomberg News
Even after SAC Capital Advisors LP received billions of dollars in withdrawal requests this week, founder Steven A. Cohen isn’t about to give up managing other people’s money.
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Bloomberg News
Warren Buffett’s charity auction, in which bidders vie for a chance to dine with the billionaire, drew a top offer of more than $100,000 as a former winner predicted the fundraiser would set a...
by PW Staff
Ultra-high-net-worth families that own businesses are more comfortable investing in illiquid businesses than financial families, according to a new survey by the Family Office Exchange.
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Anthony Greco
John K. Coors, great grandson of Coors Brewing Co. founder Adolph Coors, is spearheading a private equity vehicle to promote economic development in Africa.
by
Bloomberg News
Gold and wine prices that tracked each other in the past decade amid demand for alternative assets are now diverging after bullion slumped into a bear market as some investors lost faith in the metal...
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Bloomberg News
Microsoft co-founder Bill Gates extended his lead yesterday over Mexico’s Carlos Slim as the world’s richest person to $5.1 billion, according to the Bloomberg Billionaires Index.
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Bloomberg News
Morgan Stanley will hold a gathering in New York to showcase Asian hedge funds to investors after pulling its capital introductions event in China because of the bird flu, said three people with...
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Bloomberg News
Private-equity firms from Bain Capital to Onex Corp...
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Bloomberg News
Paul Tudor Jones, the billionaire investor who sought to clarify remarks that drew protests, apologized for saying that women can’t compete with men as macro traders after having children.
by Bobbi J. Bierhals
President Barack Obama’s budget proposal seeks to impose a limit on the prolonged tax deferrals and tax-free growth that high-income clients can achieve on their qualified retirement accounts.
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Bloomberg News
A waterfront estate in Greenwich, Connecticut, with a $190 million asking price, believed to be a record for a single U.S...
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Bloomberg News
After five years under investigation for insider trading, Steven Cohen is considering proposing a deal to prosecutors that would shut his $15 billion hedge-fund firm to outside investors, according...
by
Leila Boulton
Global family office adoption of operational hedge fund due diligence has surged in recent years after lagging behind entities such as endowments, foundations and pensions, according to a new study.
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Bloomberg News
Hedge funds led by Paulson & Co. and Maverick Capital are piling into mortgage insurers in a bet that some of the companies worst hit by the U.S...
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Bloomberg News
Bill Gates is once again the world’s richest person, with a $72.7 billion fortune that is up 16 percent this year.
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Bloomberg News
Billionaire John Paulson will offer a new fund designed to lower U.S. taxes for investors through insurer Philadelphia Financial Group Inc., said two people with direct knowledge of the matter.
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Bloomberg News
Tribune CEO Peter Liguori, responding to a protest over a possible sale of the Los Angeles Times to Koch Industries, said speculation over potential buyers of the company’s papers is...
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Bloomberg News
John Paulson, the billionaire hedge fund manager battered by the selloff in gold, pared stakes in gold miners last quarter while adding shares of companies that stand to benefit from a stronger...
