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“#Top 15 hedge fund managers raked in $15.8 billion last year” What a difference a year makes. The list of highest performing hedge fund titans in 2021 is here — and there’s more than a few upsets among the 15 managers who raked in a collective $15.8 billion last year. Citadel’s Ken Griffin jumped to…
“#Peter Thiel hires disgraced ex-Austrian chancellor Sebastian Kurz” Billionaire tech mogul and Paypal co-founder Peter Thiel has reportedly hired embattled former Austrian chancellor Sebastian Kurz, who abruptly stepped down from office amid allegations of corruption, to help run his investment fund. Kurz, 35, will serve as a global strategist for California-based Thiel Capital beginning in…
“#NY Daily News owner Alden sues Lee after publisher rejects takeover bid” The Alden Global Capital hedge fund stepped up its attempts to buy Lee Enterprises this week, filing a lawsuit that accuses its board of denying shareholders of the newspaper publisher a voice in the matter. The publisher of the St. Louis Post-Dispatch, the…
“#New York Daily News appoints Andrew Julien executive editor” The New York Daily News said Friday it has appointed Andrew Julien as executive editor. Julien had been overseeing the Daily News editorial department on an interim basis since September, after editor-in chief Robert York was ousted in a surprise shake up. Most recently, Julien, 62,…
“#Leon Black hits the town with wife Debra amid sex assault allegations” Leon Black in recent weeks has been stepping out on the town his wife, Debra, while he is facing very public rape allegations and has admitted to an affair. The former Museum of Modern Art chair was spotted with his wife at Italian…
“#UItra-low interest rates ‘rip off’ middle-class savers: economist” Ultra-low interest rates combined with runaway inflation rip off middle-class savers and retirees, a former top economic advisor to Trump said. “We know that people on pensions and we know that people with deposits at the bank, they’re not getting any return. They are being ripped off,”…
“#These hedge funds stand to score big on Trump SPAC frenzy” With shares of Trump SPAC Digital World Acquisition Corp. soaring, a slew of hedge funds that previously reported owning shares in the company stand to win big — and at least one has already cashed in. DWAC is a special purpose acquisition company, or…
“#Paul Tudor Jones predicts inflation poses a threat to markets” A billionaire hedge fund manager said he believes inflation won’t be going away anytime soon and the problem represents a dire threat not only to the markets but also to society. “I think to me, the No. 1 issue facing Main Street investors is inflation,…
“#Activist hedge fund wants Macy’s to mimic rival Saks’ online strategy” An activist hedge fund that took a stake in Macy’s is is pushing the department-store giant to follow its upscale rival Saks Fifth Avenue’s online playbook, The Post has learned. In March, Saks separated its bricks-and-mortar business from its online division, with the latter…
“#NY Daily News editor-in-chief Robert York out in surprise shakeup” The New York Daily News ousted its top editor in an unexpected shakeup on Monday. The 102-year-old paper said its editor-in-chief Robert York is being replaced on an interim and “as-needed” basis by Andrew Julien, the editor and publisher of its sibling publication, The Hartford…