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George Weiss Searched for a Buyer Before Shutting His Hedge Fund

(Bloomberg) Before calling it quits, hedge fund chief George Weiss searched for a buyer for his $3 billion firm — talking to prospective suitors over the past year including Millennium Management.Most Read from BloombergOne of the Most Infamous Trades on Wall Street Is Roaring BackStock Rally Takes a Breather Before Inflation Data: Markets WrapThese Are the Best Countries for Wealthy Expats‘Oppenheimer’ Wins Seven Oscars Including Best Picture, DirectorWeiss Multi-Strategy Advisers had lacklu ....

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Out Of Gas: How Bad Futures Bets Cost Nick Maounis His Hedge Fund

Risk management can be tricky for even the most seasoned and successful investors. When Long Term Capital Management (LTCM) collapsed in the early 1990s, the investment community was stunned because its management was highly regarded and its strategies were outrageously successful. But there's an old saying in the investment world: "It works until it doesn't." And when the Russian economy tumbled in 1998, so did LTCM's biggest bets. Although it may be the biggest, LTCM is far from the only renow ....

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Talent-Hungry Hedge Funds Seen Fueling Pod Shop M&A in 2024

Talent-Hungry Hedge Funds Seen Fueling Pod Shop M&A in 2024
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Verition Fund Management Moving to HNA's 245 Park

Verition Fund Management Moving to HNA's 245 Park
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Alebund Pharmaceuticals Raises $54.5 Million in Series B+ Financing Round to Fuel Development of Renal Disease Treatment

Alebund Pharmaceuticals Raises $54.5 Million in Series B+ Financing Round to Fuel Development of Renal Disease Treatment
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