The closure of Jack Meyer’s Convexity Capital Management marks the third hedge fund founded by a Harvard Management Company alum to close down their hedge fund firm in less than a year — and adds to ...
In a low-interest-rate environment, public pension funds facing widening gaps between their assets and liabilities are making riskier investments, new research shows. The United States Federal Reserve ...
Is Netflix’s growth script changing? Will it fade from the ranks of the elite technology and internet stocks?This is no doubt what many investors are wondering after the streaming pioneer reported its ...
The hedge fund firm started by former Harvard endowment chief Jack Meyer is shutting down, according to communication sent Thursday to stakeholders. On Thursday, a Convexity employee contacted one ...
Business development companies got a little more institutional with the initial public offering Thursday of Owl Rock Capital Corp., a business development company that lends to a broad range of middle ...
When a Danish pharmaceuticals giant was accused of fraud, securities litigator Irwin Schwartz knew who’d pay the price: Novo Nordisk shareholders. Many of them happened to be his clients. Attorneys ...
The board at Arizona’s Public Safety Personnel Retirement System voted unanimously to oust its chief administrator Wednesday following a state investigation that found he allegedly sexually harassed ...
Alternative investment firm Blackstone hauled in $151 billion from limited partners in just one year — including $45 billion in the last three months alone, according to the company’s second-quarter ...
Bill Ackman’s Pershing Square Holdings has been on a tear this year, but its plan to issue new debt has irritated a small London shareholder at a time when Pershing Square is buying back shares on ...
The so-called Tiger Cubs, the managers and analysts who previously worked at Julian Robertson Jr.’s legendary hedge fund firm Tiger Management and went on to form their own firms, were once hailed as ...
There’s a new leader in Asia equity sales. Citigroup was chosen as the top seller of equity research in Asia — excluding Japan — in Institutional Investor’s 2019 All-Asia Sales Team. The result was ...
Deal-making isn’t a cure-all for asset managers under pressure from rising costs and declining fees — if done poorly, it can do more harm than good, according to a new white paper from strategy ...