Millennium has hired two heavy-hitter PMs for its credit-trading business

Tech Insider : Business
Israel Englander
Israel "Izzy" Englander runs the Wall Street's largest hedge fund by headcount. He's added several marquee credit traders to his stable in recent months.

Ronda Churchill/Bloomberg via Getty Images

Tiger Global explains its comeback after its 56% loss in 2022 — and why it sees itself in Rory McIlroy

Tech Insider : Business
Rory McIlroy receives the green jacket for winning the Masters
Rory McIlroy won the 2025 Masters tournament after blowing a big lead.

Richard Heathcote/Getty Images

Hedge fund reveals $105 million short against Trump Media, the owner of Truth Social

Tech Insider : Business, Technology
President Donald Trump.
President Donald Trump has a controlling stake in the owner of Truth Social.

Andrew Harnik/Getty Images

NASCAR fraudster pleads guilty to tricking his hedge fund investors, scuttling Monday jury trial

Tech Insider : Business
Andrew Franzone leaving federal court in Manhattan.
Andrew Franzone leaving federal court in Manhattan.

Laura Italiano/Business Insider

Drivers, start your evidence: NY jury to hear roaring tale of a NASCAR superfan and his allegedly crooked hedge fund

Tech Insider : Business, Travel
Andrew Franzone in a racing suit, with a downward stock line with the #28 LaFayette Ford racing car in the foreground, on a red background with a checkered pattern
 

Laura Italiano, RacingOne/Getty, Alan_Lagadu/Getty, Ava Horton/BI

2024 hedge-fund returns: Schonfeld, D.E. Shaw, and Walleye among the year's big winners

Tech Insider : Business, Style
Ryan Tolkin
Ryan Tolkin is the CEO and chief investment officer of Schonfeld Strategic Advisors.

Schonfeld

Quant hedge fund Seven Eight Capital is winding down a year after leaving Schonfeld

Tech Insider : Business
Logo for Seven Eight Capital

Seven Eight Capital

I left a career at Amazon and Microsoft to start a hedge fund. After raising almost $10M in my first year, I'm never going back to Big Tech.

Tech Insider : Business, Environment, Style
Stephen Wu's headshot with the NYC skyline blurred in the background.

Courtesy of Stephen Wu

Balyasny leads the way for multistrategy managers in a roller-coaster November. Here's how firms like Citadel, Millennium, and more performed.

Tech Insider : Business, Style
Balyasny
Dmitry Balyasny speaks at the 2018 Milken Conference in Beverly Hills, California.

Lucy Nicholson/Reuters

Computer-run hedge funds like Qube and Squarepoint are diversifying by building out teams of human traders as assets swell

Tech Insider : Business, Style
wealth management and tech wall street 2030 4x3

Samantha Lee/Business Insider

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