Despite decent performance, Armistice Capital plans to give clients shares in a new investment vehicle in lieu of cash for ...

Millennium Management has backed two more external managers with more than $3 billion in combined capital, the latest in a ...

Wealthfront, an automated investment adviser, said late Thursday it had priced its initial public offering at $14 per share, at the top of the marketed range. At that price it raised $485 million, ...

Ilex Capital Partners, one of the biggest hedge fund startups in London in recent years, has grown to manage $7 billion after ...

GE Vernova Inc (NYSE:GEV) is a hot energy-transition spin-off with a 90% YTD surge and billionaire investor support.

Hedge Fund Boss Who Blocked Star Trader’s Bonus, Saying ‘F*** You, Sue Me’, is Ordered to Pay Out £6 Million (DailyMail) ...

The firm has been a longtime backer of big-name private companies such as OpenAI and TikTok parent ByteDance.

Tiger's last fund did well with investmetments in OpenAI, Waymo and Databricks. But it warns investors that AI valuations are ...

Tiger first invested in OpenAI in 2021 at a valuation of less than $16 billion and in Waymo that same year at $39 billion.

Flow of private funds in Series C and beyond fell to $3.5 billion as of December 1 from $4.03 billion in 2024. The decline in ...

Several billionaires loaded up on Broadcom, Meta Platforms, and Microsoft stocks in Q3. However, Alphabet and Nvidia were the ...