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...That tops the $20bn it raised for a fund in 2021 and bucks a trend of shrinking fund sizes at large private capital groups as pension funds cut their exposure to unlisted assets....
...Cathie Wood’s Ark Investment Management is launching its first three active exchange traded funds in Europe, courting a new continent of investors after a run of poor performance and outflows in the US....
...Atlas SP has originated $24bn in debts since its creation, including a $1bn loan to PacWest, the California regional bank that suffered a sharp drop in deposits in early 2023....
...Following the Financial Times story about Calpers and Exxon, the pension fund came under pressure from the California state treasurer, who is also a board member of the fund, to vote against Woods’ re-election...
...The firm, one of the world’s most prominent multi-manager hedge funds, has 5,500 employees globally and more than 300 investment teams trading a range of different strategies within strict risk limits....
...Son also began to borrow personally from SoftBank to foot the bill for his investments in the group’s second Vision Fund, Latin America fund and shortlived hedge fund unit, SB Northstar....
...The fund has finished at either the very top or the absolute bottom of its peers in each of the past four years, according to data from Morningstar, which continues to rate ARKK as a one-star fund on a scale...
...New Mountain bought a controlling stake in Citrin Cooperman in 2022 and has helped fund an acquisition spree that has swelled the accounting firm’s annual revenues to an estimated $700mn....
...One hedge fund rewiring to start: Bridgewater Associates’ new chief executive Nir Bar Dea said he had overhauled the hedge fund after just a year in charge, in an attempt to restore the firm’s investment...
...fund, three people briefed on the matter said....
...Blackstone owes the University of California twice as much as it did last quarter as part of a complex transaction to shore up its flagship real estate fund....
...The majority of shareholders — including local pension funds and retail holders — would have received Apollo’s price while arb funds got their pay out....
...The California Public Employees’ Retirement System has named a former top executive at the New Zealand sovereign wealth fund to direct the largest US public pension plan’s investments following the abrupt...
...Digital artworks of frogs vomiting rainbows and other cartoonish imagery have shown up in bitcoin wallets run by ETF providers, including Cathie Wood’s Ark Investment Management and Bitwise Asset Management...
...While we generally refrain from commenting on ongoing litigation, we want to be clear that Financial Credit Investment I, a fund previously managed by our affiliates, never participated in the origination...
...Shortly after its incorporation, Barker told the IC that the fund would be “my 50-year investment vehicle”....
...Founded in 2000, Jane Street has grown into an increasingly powerful trading firm and market maker for the $8.9tn US exchange traded fund industry....
AI caramba
...The flagship Medallion fund ejected external investors in 2005, only allowing investment from its own employees....
...“We need to take budget commitments on defence out of any budget balance, because they are investments,” he said....
...Citadel, which manages roughly $61bn, made a record $16bn in profit for investors in 2022, according to research from LCH Investments....
...But there are reasons to doubt it, from shifts in the balance of savings and investment to higher levels of government debt....
...In his ruling, Castel said that Apollo’s accounting department “deserve[d] significant blame” for the harm done to fund investors but still ruled that Rashid had violated US securities law on investment...
...California-based Silver Lake has focused on larger takeovers in recent years, with co-chief executive Egon Durban telling the Financial Times last year that the group was focused on “all-in bets”....
...It also told investors that it intended to “remain disciplined” in its investment approach, “waiting for ‘fat pitches’ to swing hard”....
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