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JWM Partners LLC was a hedge fund started by John Meriwether after the collapse of Long-Term Capital Management (LTCM) in 1998. LTCM was one of the most spectacular failures of Wall Street, leading to a bailout of around $4 billion that was provided by a consortium of Wall Street banks.
The hedge fund opened with $250 million under management and by 2007 had approximately $3 billion. [6] From September 2007 to February 2009, during the Great Recession , his main fund lost 44%. On July 8, 2009, Meriwether closed the fund.
The firm, which is one of the largest hedge funds in the world, was founded in 1989 and since then has lost money in just a single year — 2008, when a financial crisis turned into a sharp ...
The founder of Archegos Capital Management, a hedge fund, was sentenced to 18 years in prison on Wednesday for securities and market manipulation fraud in a scheme that prosecutors said cost ...
D1 Capital Partners was founded in July 2018 by Daniel Sundheim, [1] who is a minority owner of the Charlotte Hornets. [5] " D1" stands for "Day One," [6] a concept espoused by Amazon.com, Inc.'s Jeff Bezos as detailed in Amazon's 1997 Letter to Shareholders. [7]
Monolith Management, a Hong Kong-based tech-focused hedge fund, has returned 53% so far this year, benefiting from investments in semiconductors, data centres and a rally in Chinese investments in ...
The 13F filings show the hedge funds' and successful investors' positions as of the end of the first quarter. You can find articles about an individual hedge fund's trades on numerous financial […]
The fund closed to new investment in 1982 and reopened 26 years later in 2008. [13] In 2010, Morningstar named co-managers Robert Goldfarb and David M. Poppe Domestic-Stock Fund Managers of the Year in recognition of the excellent long-term performance of the Sequoia Fund. [14] [15] In 2013, the Sequoia Fund again closed to new investors. [16]