Katherine Burton

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Light Street, Whale Rock Soar In 2024, Outpacing Some Larger Rival Funds

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Glen Kacher's Light Street climbed 54.6% in the first half.

Short Seller Jim Chanos Sued By Partner Alleging Misuse Of Funds

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Conlon Holdings says Chanos used his fund as a "piggy bank" for personal use.

Ex-Soros Star Scott Bessent Jockeys With John Paulson To Run Trump's Treasury

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Money managers John Paulson and Scott Bessent are both being floated as candidates.

Jim Simons, Code Breaker Who Mastered Investing, Dies At 86

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His technique for predicting price changes was so successful that he became known as the Quant King.

Billionaire Steve Cohen Sees Four-Day Work Week Coming

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It's one of the reasons the Point72 founder said he's made investments in golf.

Bridgewater CEO's Turnaround Hinges On Wooing Restless Clients

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Hedge funds across the industry are grappling with life after their founders move on.

Bridgewater Hit With Second Favoritism Claim Over CEO's Romance

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Jeff Gardner, a partner, was fired in December after working at Bridgewater for almost three decades.

Ex-Soros Investing Chief Bessent Bets On 'Trump Rally' Ahead Of Election

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Investors anticipate a Trump victory in November, he said.

Tepper's $2 Billion Hedge Fund Payday Marred By NFL Meltdown

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Appaloosa Management's founder has struggled running the Carolina Panthers even while thriving with tech stocks.

Bridgewater's Flagship Macro Fund Lost 7.6% Last Year

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The losses for the world's biggest hedge fund corresponded to the biggest two-month gain in global bonds since at least 1990.

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