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Hedge Fund and Insider Trading News: Greenlight Capital, Bridgewater Associates, Morgan Creek Capital Management, Starboard Value LP, Arena Pharmaceuticals, Inc (ARNA), BlackBerry Ltd (BB), and More


Hedge Fund and Insider Trading News: Greenlight Capital, Bridgewater Associates, Morgan Creek Capital Management, Starboard Value LP, Arena Pharmaceuticals, Inc (ARNA), BlackBerry Ltd (BB), and More
BOSTON (Reuters) –
Greenlight Capital ended 2020 with a 5.2% gain thanks to a dramatic fourth quarter comeback when bets on a homebuilder, jet leasing company and home security services company turned into a 25% return, the firm said in a letter to investors on Thursday. The hedge fund, run by David Einhorn, lagged far behind the broader S&P 500 index’s 18.4% gain but celebrated its late year surge which it described as “the best quarterly result in Greenlight’s history.” Reuters obtained a copy of the letter. ....

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Scaramucci's SkyBridge Rolls Out Bitcoin Fund with $25M Investment


Last Updated: 23 December 2020
Former White House Communications Director Anthony Scaramucci is marking his entry into the crypto space with a bang. Scaramucci’s hedge fund, SkyBridge Capital, has announced the launch of its very own Bitcoin fund.
Accredited Investors Welcome
Speaking with Yahoo! Finance, Scaramucci confirmed that the SkyBridge Bitcoin Fund L.P. had launched with an initial investment of $25 million from the firm.
The confirmation is coming just two days after SkyBridge had applied for the Bitcoin Fund. A filing with the Securities and Exchange Commission (SEC) revealed that the fund would be classified as a “hedge fund.”
SkyBridge didn’t disclose the targeted investment size, although the minimum commitment from individual investors is pegged at $50,000. ....

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