Svea Herbst-Bayliss

SAC Capital to move to smaller, family-based office in accord with SEC

August 25, 2021 at 6:05 a.m.

(Reuters) - Steven A. Cohen's SAC Capital reached an agreement with U.S. securities regulators on Friday for the once-powerful hedge fund to no longer be an investment adviser, following the...

Arden tapped to help Massachusetts invest in hedge funds

August 25, 2021 at 5:07 a.m.

BOSTON (Reuters) - Massachusetts' pension fund has selected Arden Asset Management as its hedge fund investment adviser from a handful of applicants for the job of picking fund managers, tracking...

At big-ticket dinners, a blunt Bernanke sounds theme of low rates

August 25, 2021 at 5:00 a.m.

NEW YORK/BOSTON (Reuters) - In a series of quarter-million-dollar dinners with wealthy private investors, Ben Bernanke has been clearer than he ever was as chairman of the Federal Reserve on...

Hedge fund mogul Tepper warns: Don’t be too long U.S. stocks

August 25, 2021 at 4:58 a.m.

LAS VEGAS (Reuters) - Billionaire hedge fund manager David Tepper sounded a cautious message on Wednesday, telling a ballroom packed with other managers and investors that he was "nervous" about...

Icahn 2.0: billionaire’s son to launch his own hedge fund

August 25, 2021 at 4:50 a.m.

BOSTON (Reuters) - Like father, like son. Billionaire investor Carl Icahn's son, Brett, intends to launch a new hedge fund that will focus on selecting stocks and employing the kind...

David Tepper ranks as best paid hedge fund manager, again

August 25, 2021 at 4:40 a.m.

NEW YORK (Reuters) - Hedge fund mogul David Tepper had a case of deja vu when he ranked as the best paid hedge fund manager for the second year running...

Einhorn leads bear charge at Sohn Conference

August 25, 2021 at 4:39 a.m.

NEW YORK (Reuters) - Hedge fund manager David Einhorn on Monday lived up to his reputation for being able to send a stock price spinning lower by just opening his...

Sotheby’s ends fight with Third Point, Loeb joins board

August 25, 2021 at 4:35 a.m.

(Reuters) - Sotheby's and Daniel Loeb on Monday ended their long-running battle and agreed to let the billionaire investor and two of his associates join the auction house's board. The...

Ackman’s Pershing Square surges in April, beating many rivals

November 4, 2021 at 1:42 a.m.

BOSTON (Reuters) - Activist investor William Ackman's Pershing Square Capital Management roared ahead in April with the help of a proposed acquisition, leaving his flagship fund up roughly 19 percent...

Ackman’s Pershing Square surges in April, beating many rivals

December 23, 2018 at 11:39 p.m.

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