How the biggest hedge funds performed in August, including Citadel, Millennium, and Balyasny

Tech Insider : Business, Economy, Environment
Citadel founder and CEO Ken Griffin speaking at the Semafor World Economy Summit in Washington, DC.
"Do we use it in our investment business? A little bit, a little bit, I can't say it's been game changing," Citadel founder Ken Griffin said of AI.

Kayla Bartkowski via Getty Images

Feared activist investor Elliott Management took a $4 billion stake in Pepsi. That shouldn't scare the CEO.

Tech Insider : Business
Paul Singer sitting in a chair while speaking at an event.
Paul E. Singer, Founder and President, Elliott Management.

CNBC / Getty Contributor

From Goldman to Citadel: 8 years of Wall Street rising stars who made their mark

Tech Insider : Business
Wall Street sign surrounded by a pile of cash

Getty Images; Alyssa Powell/BI

Meet the team behind Ning Jin's Avantyr Capital, the $1 billion spin-out from Viking Global

Tech Insider : Business, Technology
Ning Jin speaks outside on his cell phone
Ning Jin worked at Andreas Halvorsen's Viking Global for 17 years.

Kevin Dietsch/Getty Images

A top Goldman prime broker lays out why it's getting easier to launch a hedge fund

Tech Insider : Business
nasa space shuttle challenger launch flock birds 51l jan 28 1986
NASA's space shuttle Challenger launches from Cape Canaveral, Florida, on January 28, 1986, disturbing nearby flocks of birds.

NASA

What a 24-year-old analyst learned in his first year at $25 billion Balyasny

Tech Insider : Business, Environment, Technology
Francesco Catanzariti, an analyst on Balyasny's macro trading team.
Francesco Catanzariti, an analyst on Balyasny's macro trading team in New York.

Balyasny Asset Management

The guy who shorted Enron has a warning about the AI boom

Tech Insider : Business, Crypto, Economy
Chanos & Co. Founder and Managing Partner Jim Chanos speaks at the 2025 Sohn Investment Conference, in New York.
Chanos & Co. Founder and Managing Partner Jim Chanos speaks at the 2025 Sohn Investment Conference, in New York.

Jeenah Moon/REUTERS

I quit my finance job and built a cereal brand from my kitchen. Now we're sold in grocery stores across the country.

Tech Insider : Business
Krishna Kaliannan smiles as he holds a pack of Catalina Crunch

Photo courtesy of Krishna Kaliannan

The latest Millennium spin-out is a new credit hedge fund seeded by a $6 billion backer

Tech Insider : Business
a rocket launch from the Kennedy Space Center in Florida
A rocket launch from the Kennedy Space Center in Florida. Denise Rich and her family can see the rockets launch from her new backyard.

Mouser Williams/mouserphoto.com/Getty Images

Quant pioneer Renaissance Technologies' painful summer continued in July

Tech Insider : Business
Jim Simons
Jim Simons at a gala in March 2019.

Sylvain Gaboury/Getty Images

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