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Is Hunterbrook Media a News Outlet or a Hedge Fund?

Clare Malone writes about Hunterbrook Media, a hybrid media-finance company that wants to monetize investigative journalism in the public interest.

The Big Bet — $100 Million — To Make Journalism Profitable Again

News-powered hedge fund raises $100m to trade on reporters scoops

Hunterbrook Capital places trades based on scoops uncovered by reporters at its affiliated newsroom, Hunterbrook Media, which is separated by a layer of compliance.

US owners of Italian team chose basketball over soccer

ROME (AP) Europe’s soccer leagues are so full of teams owned and operated by American investors that the market could soon be saturated. That’s why an eclectic group of professionals studying in the executive MBA program at the University of Pennsylvania’s Wharton School turned their attention to basketball and acquired a 90% stake in top-tier Italian team Pallacanestro Trieste.

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