Jun 4, 2024
•
15 min read
Bill Ackman's hedge fund is raising a $25B vehicle expected to attract retail investor interest, a technical glitch caused some stocks to show 99% losses, ‘Roaring Kitty’ re-re-ignited the GameStop rally, and US students face recruitment challenges after college campus protests.
Jun 3, 2024
12 min read
Bill Ackman plans to IPO his hedge fund, a Tesla shareholder sued Musk for insider trading, investors can't get enough of corporate bonds, TikTok is going all in on US e-commerce, and more asset managers are turning to AI for investment decisions.
May 31, 2024
TikTok is prepping a US copy of its algorithm, China is weighing a record fine for PwC, global fund launches in China hit a record high, WeWork was cleared to exit bankruptcy, and Trump was convicted on felony charges in a historic first.
May 30, 2024
Jamie Dimon is skeptical of private credit, PE recruiting continues to lag, Cleveland Fed named a Goldman exec as president, CalPERS opposed Musk's pay package, and food delivery apps are drowning in losses.
May 29, 2024
16 min read
Key clients are ditching PwC China, ratings agencies are cautious on private credit loans, blacklisted Chinese firms are rebranding as American, a European fintech blamed regulations for slow growth, and a top quant fund’s key bet is a curve steepener.
May 28, 2024
14 min read
Hedge funds are hurting from lack of PE exits, Bill Gross thinks Trump would be worse for bond markets, more high-grade borrowers are at risk of downgrade, and Google botched its AI push again.
May 24, 2024
The bond king expects a 2024 recession, banks are ramping up RTO demands, Segantii will return capital to investors, US sued to break up Live Nation, and Archegos accidentally wired $470M to Goldman during their collapse.
May 23, 2024
Oaktree seized control of Inter Milan, PE is eyeing college sports, Fidelity halted European private credit activity, PwC is facing heat in China, DuPont will split into three, and Nvidia pulled off yet another Nvidia.
May 22, 2024
NY is cracking down on certain vulture funds, Blackstone will grant equity to employees of firms it LBOs, asset managers are turning to finfluencers to boost ETFs, and Rite Aid creditors asked the firm's bankers to reduce advisory fees.
May 21, 2024
Jamie Dimon hinted at early retirement, Janet Yellen is against a global billionaire tax, JPMorgan’s Kolanovic is the last prominent Wall St bear, and Scarlett Johansson rebuked OpenAI for ripping off her voice...which naturally called for some hilarious memes.
