Behind the IPO debacle was a series of missteps that left many on Wall Street wondering what Ackman was thinking.
Glen Kacher's Light Street climbed 54.6% in the first half.
Conlon Holdings says Chanos used his fund as a "piggy bank" for personal use.
Money managers John Paulson and Scott Bessent are both being floated as candidates.
His technique for predicting price changes was so successful that he became known as the Quant King.
It's one of the reasons the Point72 founder said he's made investments in golf.
Hedge funds across the industry are grappling with life after their founders move on.
Jeff Gardner, a partner, was fired in December after working at Bridgewater for almost three decades.
Investors anticipate a Trump victory in November, he said.
Appaloosa Management's founder has struggled running the Carolina Panthers even while thriving with tech stocks.