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...The managers’ statement said there was “no current connection with any US entity”....
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...As the multi-manager model grew in popularity with investors, Schonfeld was among those that picked up inflows when bigger managers such as Millennium and Citadel were closed to new money with long waiting...
...It is seen as a government attempt to override years of design and technical decisions made by product managers and engineers....
...The EU has agreed an AI Act, which will impose new burdens on tech companies building AI models....
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...Billionaire financiers such as Ken Griffin pioneered what’s known as the multi-manager model for hedge funds, where big spending begets big returns....
...it in a position to eventually join peers Blackstone and KKR as a public company....
...from the public markets are not always popular with investors in private equity funds or with public equities fund managers who want to back a company but cannot participate in the private vehicle....
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...“If she doesn’t give the new management team sufficient power in the coming months and years . . . it will be a disaster for the company.”...
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