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hedge funds

  • Hedge fund trying to make American Apparel founder’s ‘life miserable’

    Hedge fund trying to make American Apparel founder’s ‘life miserable’

    November 22, 2020 | 05:28pm

    A years-long financial feud between disgraced American Apparel founder Dov Charney and his former hedge-fund ally Soo Kim is getting personal. After years of trying and failing to collect on a $20
  • Bill Ackman ‘bullish’ on 2021 but sees volatility in coming months

    Bill Ackman ‘bullish’ on 2021 but sees volatility in coming months

    November 19, 2020 | 04:51pm

    Billionaire hedge fund investor Bill Ackman said Thursday that he expects to see market gains next year but warned there could be volatility in the months ahead as the coronavirus continues to take
  • COVID-driven divide emerges on Wall Street as bonus season looms

    COVID-driven divide emerges on Wall Street as bonus season looms

    November 12, 2020 | 01:20pm

    The US banking industry has weathered eight months of COVID-19, and bonus season is shaping up to be “A Tale of Two Wall Streets.” Banker bonuses overall are on track to drop by as much as
  • Bill Maher, Anthony Scaramucci stand to cash in big on Mets sale

    Bill Maher, Anthony Scaramucci stand to cash in big on Mets sale

    November 11, 2020 | 08:08pm

    Investors who bailed out the Mets in the wake of the Bernie Madoff scandal are about to make a killing now that billionaire Steve Cohen has taken over, The Post has learned. Cohen’s $2.4 billion
  • Bill Ackman just made another massive bet on a new COVID-19 surge

    Bill Ackman just made another massive bet on a new COVID-19 surge

    November 11, 2020 | 12:07pm

    Bill Ackman just placed another big bet against the credit markets as coronavirus cases surge nationwide. The billionaire investor said he has bought $8 million worth of insurance that will pay off if
  • Hedge-fund investor gets approval to run Bally’s casino

    Hedge-fund investor gets approval to run Bally’s casino

    November 05, 2020 | 03:17pm

    New Jersey gambling regulators gave approval Thursday to hedge-fund investor Soo Kim’s gaming company, Twin River Worldwide Holdings, to operate Bally’s casino and quickly invest in
  • British tycoon Crispin Odey drops reins at firm amid sexual assault trial

    British tycoon Crispin Odey drops reins at firm amid sexual assault trial

    November 03, 2020 | 05:40pm

    A controversial British hedge fund titan is giving up control at his $3.5 billion firm as he faces courtroom allegations of sexual assault in addition to lackluster financial performance. Crispin Odey
  • Why BlackRock’s Larry Fink isn’t happy about the work-from-home trend

    Why BlackRock’s Larry Fink isn’t happy about the work-from-home trend

    September 17, 2020 | 04:46pm

    The coronavirus will likely leave a permanent mark on the world’s largest asset management company, and CEO Larry Fink isn’t thrilled about it. “I don’t believe BlackRock will be ever 100 percent back in office,” the New York company’s billionaire chairman and chief executive revealed on Thursday. “I actually believe maybe 60 percent or 70 …
  • Hedge fund founder charged with fraud tied to Neiman Marcus bankruptcy

    Hedge fund founder charged with fraud tied to Neiman Marcus bankruptcy

    September 03, 2020 | 07:30pm

    The founder of a New York hedge fund was criminally charged Thursday over an alleged scheme to pressure a rival not to bid for assets related to Neiman Marcus’ bankruptcy so he could buy them at a lower price, the US Department of Justice said. Daniel Kamensky, principal of Marble Ridge Capital, which has more …
  • Airbnb allegedly holding out on Bill Ackman’s blank-check offer

    Airbnb allegedly holding out on Bill Ackman’s blank-check offer

    September 02, 2020 | 09:45pm

    Billionaire activist hedge manager Bill Ackman has offered to take Airbnb public through his $4 billion blank-check company, but the company’s CEO Brian Chesky is reportedly holding out for a more traditional IPO process. Chesky hasn’t completely ruled out a merger with Ackman’s Pershing Square Tontine Holdings, but no further discussions are underway, Bloomberg reported …
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