Hedge funds are spending fortunes to win the talent war. It's changing the industry in the process.

Tech Insider : Business, Style
Photo collage of portfolio manager relaxed in office chair looking at multiple trading screens, surrounded by cash, coins, and termination letters.

Getty Images; Alyssa Powell/BI

Some hedge funds are expanding in Miami — but its share of prized portfolio managers has fallen

Tech Insider : Business
Miami brickell skyline
Miami has been working to become a magnet for Wall Street and tech companies.

MikeDot/Getty Images

A senior leader is out at Cubist, Point72's quant division, after months of losses

Tech Insider : Business
Cohen poses wearing a Mets cap
Billionaire Point72 founder Steve Cohen also owns the New York Mets.

Frank Franklin II/AP

Here's how hedge funds like Citadel, Point72, and Millennium performed in January

Tech Insider : Business, Style
Citadel CEO Ken Griffin speaks on a panel in a suit and tie.
Citadel founder Ken Griffin runs the most profitable hedge fund of all time.

Fabrice COFFRINI / AFP via Getty Images

Point72's strategy leader exits as Steve Cohen's $41.5 billion fund rolls out new businesses

Tech Insider : Business
Steve Cohen dons a New York Mets and sunglasses at a baseball game
New York Mets owner Steve Cohen has diversified his asset manager.

Rich Storry/Getty Images

Hedge funds' 2025 report card: How Citadel, Point72, and Millennium stack up against smaller rivals

Tech Insider : Business, Economy, Style
The Wall Street statue with no one around
Hedge funds managed strong returns in 2025 despite uneven markets and geopolitical stress.

Erik McGregor/LightRocket via Getty Images

Here are the 10 hedge funds to watch in 2026

Tech Insider : Business, Environment, Style
Steve Cohen wears a hat and sunglasses on a baseball field
Steve Cohen's Point72 is a firm to watch in 2026.

Rich Storry/Getty Images

Here's how big-name hedge funds are using and investing in AI

Tech Insider : Business, Crypto, Technology
A trader looks at an array of computer screens
Artificial intelligence helps hedge funds find value in noisy data.

ANGELA WEISS/AFP via Getty Images

How to get hired at hedge funds like Citadel, Point72, and Millennium

Tech Insider : Business
Four D. E. Shaw interns gathered around a computer.
D.E. Shaw interns.

D. E. Shaw

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

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