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Citadel’s Ken Griffin Tops List of Biggest Hedge Fund Moneymakers Ever

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It’s good to be Ken Griffin. The founder and CEO of Citadel, who began investing as a freshman at...

Macy’s Stock Rises After Rejecting Private Equity Buyout. It’s Just the...

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Macy’s rejected an unsolicited $5.8 billion offer to take the department store chain private on Sunday, prompting the bidders...

Endeavour Mining Expects Gold Production Increase in 2024 — Commodity Comment

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Endeavour Mining's gold output in 2023 met the miner's targets, while all-in sustaining costs came in above the guided range. For 2024, it sees...

Bill Ackman’s Pershing Square back in ranks of world’s 20 top...

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Bill Ackman’s Pershing Square Capital Management has re-entered the ranks of the world’s 20 best performing hedge funds following a bumper year for the...

The U.S. sold 1.2 million EVs last year. Why are lithium...

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Not long ago, lithium prices were skyrocketing on fears of a supply shortfall, as growth in the electric-vehicle market lifted demand for the metal...

Kaman going private at 105% premium in deal valued at $1.8B

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Last Updated: Jan. 19, 2024 at 4:36 p.m. ET First Published: Jan. 19, 2024 at 8:38 a.m....

BlackRock’s $12.5B acquisition of Global Infrastructure Partners wins praise

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Published: Jan. 17, 2024 at 9:56 a.m. ET BlackRock Inc.’s plan to buy major private-equity firm Global Infrastructure Partners for...

Bill Ackman is currently waging five battles simultaneously

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BIll Ackman has never met a fight he shied away from. He’s just usually kept them focused on Wall Street. Now, the billionaire hedge-fund manager...

World’s top funds pile into real estate, cash and commodities

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The world’s top investment funds have started piling into assets that act as stores of value – including commodities, cash, and real estate –...

Brevan Howard partner pay triples to £268m after bumper year

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Brevan Howard tripled pay for its top partners to £267.8m last year as revenue surged at the hedge fund founded by billionaire Alan Howard.A...

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