This new hedge fund trying to deliver big returns without expensive PMs has lost money since it launched last summer

Tech Insider : Business, Environment
Trader looking at computers

SIMON DAWSON/Reuters

Hedge funds are launching leaner and faster than ever

Tech Insider : Business, Technology
Empty office desks

picture alliance/Getty Images

Behind a $3.2 billion heads fund's closure: How rivals are circling talent and its prized risk system

Tech Insider : Business, Environment, Style
A retail store window with a poster saying the business is closing
Eisler told investors it was shuttering in part because of the high cost of talent.

Artur Widak/NurPhoto via Getty Images

What's next for Millennium after its $14 billion valuation, from where it's expanding to how big it could get

Tech Insider : Business, Style
A headshot of Israel Englander, founder of Millennium Management
Millennium's Izzy Englander recently sold a stake in his firm for the first time.

Patrick McMullan/Getty Images; Jenny Chang-Rodriguez

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

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

China hedge fund Pinpoint is bouncing back in 2024 after years of poor performance

Tech Insider
Victoria Harbour, Hong Kong at dusk.
Victoria Harbour, Hong Kong.

CHUNYIP WONG/Getty Images

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