Category: Hedge Fund News

Bridgewater Hedge Fund Scandal Sex and Video Surveillance

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Ray Dalio, the billionaire founder of the world’s largest hedge fund, Bridgewater Associates, likes to say that one of his firm’s core operating principles is “radical transparency” when it comes to airing employee grievances and concerns. But one employee said…

Hedge Fund Managers Speak at Sohn Investment Conference

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Carson Block, whose Muddy Waters Capital has built a reputation of uncovering fraudulent businesses, laid out a bet against the Bank of the Ozarks Inc (OZRK.O), saying the Little Rock, Arkansas-based bank was making outsized loans relative to its assets…

Billionaire Ray Dalio Explains His Hedge Fund Culture

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Billionaire hedge fund manager Ray Dalio explains his company culture in the interview with Business Insider. Richard Feloni: When did you develop the first iteration of your “Principles”? What served as your inspiration? Ray Dalio: I started writing my investment principles down…

Hedge Fund Manager Ken Griffin Donates $40M to MoMA

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Billionaire Hedge Fund Manager Ken Griffin Donates $40M to MoMA. Philanthropist and collector hedge fund manager Ken Griffin—the founder of Citadel, a Chicago-based hedge fund—is donating forty million dollars to New York’s Museum of Modern Art. It’s one of the biggest…

Hedge Fund Billionaire Ken Griffin Buys $60M Penthouse

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Hedge Fund Billionaire Ken Griffin  is reportedly the buyer of the record-breaking real estate deal, $60 million penthouse at Faena House. The Times reported that Ken Griffin, the founder and CEO of Chicago-based hedge fund Citadel, bought the eight-bedroom penthouse…