#Hedge funders chasing crypto despite warnings of possible crash

#Hedge funders chasing crypto despite warnings of possible crash

“#Hedge funders chasing crypto despite warnings of possible crash” If you’re looking for proof that cryptocurrencies are no longer just for basement day traders, look no further than this year’s SALT conference. The annual gathering of Wall Street titans organized by SkyBridge Capital — whose founder is Trump’s short-lived communications chief Anthony “Mooch” Scaramucci —…

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#Hedge fund ‘vampire’ sinks his teeth into M Miami home

#Hedge fund ‘vampire’ sinks his teeth into $19M Miami home

“#Hedge fund ‘vampire’ sinks his teeth into $19M Miami home” Heath Freeman, known as the young hedge fund “vampire” who bleeds newspapers dry, continues his real-estate acquisitions roll. After buying East Hampton Point, a resort, for around $20 million earlier this spring, Freeman — the head of Alden Global Capital — has just bought a…

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#Chinese hedge funds shelling out 0,000 for recent grads

#Chinese hedge funds shelling out $300,000 for recent grads

“#Chinese hedge funds shelling out $300,000 for recent grads” Chinese hedge funds are giving Wall Street firms a run for their money. So-called quant funds there are ramping up pay to attract junior analysts, according to Bloomberg. Quant funds are hedge funds that use quantitative analysis, like mathematical modeling, to choose investments. Top hedge funds…

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#Duke Energy’s botched war of words

#Duke Energy’s botched war of words

“#Duke Energy’s botched war of words” Efforts to defend Duke Energy from a proxy campaign led by billionaire Paul Singer have recently taken two quiet steps backwards. Last month, Singer’s hedge fund Elliott Management urged the utility to split its $78 billion electric-and-gas empire into three companies — an unusual proposal in an era of…

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#Two Sigma hedge fund hot new mover and shaker in NYC

#Two Sigma hedge fund hot new mover and shaker in NYC

“#Two Sigma hedge fund hot new mover and shaker in NYC” Technology-driven hedge fund Two Sigma is in the market for a major space expansion and consolidation that could be worth a fortune to a number of Manhattan landlords.  Although it’s rarely in the press, the international, privately held firm boasts $58 billion in assets…

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#Activist Engine No. 1 wins third seat on Exxon board

#Activist Engine No. 1 wins third seat on Exxon board

“#Activist Engine No. 1 wins third seat on Exxon board” ExxonMobil shareholders elected a third director nominated by hedge fund Engine No. 1 to the oil company’s board, the company said on Wednesday, extending the new firm’s upset victory at one of America’s most iconic corporations. The election was a shock to an energy industry…

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