A new hedge fund launching next year hopes to be the 'farm team' for the $5 trillion industry

Tech Insider : Business
Tyler Errickson stands in front of a black background
Tyler Errickson is launching Riptide Advisors at the start of 2026.

Riptide Advisors

Quant hedge funds recovered from October's shaky start — except for one big name that suffered serious losses

Tech Insider : Business
Jim Simons speaks at a podium
The late Jim Simons founded Renaissance Technologies

Sylvain Gaboury/Patrick McMullan via Getty Images

'Big Short' investor Michael Burry deregisters his hedge fund, saying he's moving on to 'much better things'

Tech Insider : Business, Economy
Michael Burry
Michael Burry, the investor of "The Big Short" fame.

Astrid Stawiarz/Getty Images

Another top recruiting exec is out at Citadel. She joined the $69 billion hedge fund only 2 months ago.

Tech Insider : Business
Ken Griffin speaks on stage at a conference.
Ken Griffin, Founder and Chief Executive Officer of Citadel, speaks during the America Business Forum at Kaseya Center in Miami, Florida, U.S. November 5, 2025. REUTERS/Marco Bello

Marco Bello/Reuters

Top hedge funds notched gains in October. Here's how Millennium, Citadel, Point72, and others stack up

Tech Insider : Business, Style
izzy Israel Englander
Israel Englander, Chairman and CEO, Millennium Partners

Phil McCarten/Reuters

Walleye's chief strategy officer is leaving, the latest in a string of senior shake-ups at the $9.4 billion hedge fund

Tech Insider : Business, Technology
Business man leaving doorway red exit sign

Gremlin/Getty Images

Everyone's asking if AI will pay off. This company has proof it does.

Tech Insider : Business, Economy, Technology
TS Imagine COO Thomas Bodneski
TS Imagine COO Thomas Bodneski

TS Imagine

Inside the string of recruiting executive departures at Ken Griffin's $69 billion Citadel

Tech Insider : Business, Politics, Sports
Citadel CEO Ken Griffin speaking on stage at a conference.

Apu Gomes - Getty Images/Reuters

Steve Cohen's hedge fund is splitting its stock-picking arm — and access to the C-suite is a big reason why

Tech Insider : Business, Politics
Point72 founder Steve Cohen speaks at a conference
Point72 founder Steve Cohen is also the owner of the MLB's New York Mets.

Joe Raedle/Getty Images

Izzy Englander's Millennium sells a minority stake that values the hedge fund giant at $14 billion

Tech Insider : Business
Israel Englander headshot
Izzy Englander speaks during the SkyBridge Alternatives (SALT) conference in Las Vegas, Nevada, U.S., on Wednesday, May 11, 2011.

Ronda Churchill/Bloomberg via Getty Images

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