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...We tend to make a batch of six, bake two for the meal at hand and freeze the rest....
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...Apparently, Apollo Global Management has other priorities....
...Did management make the right noises — or do they still think its problems are anomalous and disconnected?...
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...Bridgewater, which in 2022 lost its place at the top of the all-time rankings to Citadel, fell a further two places to fourth, losing $2.6bn....
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...A portfolio manager at Izzy Englander’s Millennium Management is preparing to launch what would be the biggest new hedge fund in more than a year after securing $3bn of capital from his employer and taking...
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...A spokesperson for Vanguard pointed to its 2023 voting report, which said the firm backed a vast majority of pay proposals supported by corporate management....
...Instead of receiving an annual management fee, the manager passes on all costs to their end investors, including staff salaries and bonuses....
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...This week I bring you two tales of succession — or lack thereof — at two of the world’s top alternatives managers: hedge fund Millennium Management and private equity firm Ardian....
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