Category: Hedge Fund News

Bridgewater Hedge Fund Scandal Sex and Video Surveillance


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


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


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


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


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…

This Hedgie Just Lost $375M to Most Toxic Food Corp.


Larry Robbins, the head of the $11.8 billion Glenview Capital hedge fund invested in Monsanto, the agricultural corporation of selling toxic chemicals, which are bad for people’s health, water supplies, vital crop pollinators and environment. The company also facing federal lawsuits from cancer victims