(Opalesque) To understand private investors’ values, plans, and priorities related to Environmental, Social, Governance (ESG) and Diversity, Equity, Inclusion (DEI), alternative investments FinTech Dynamo Software surveyed 100 global Limited Partners (LPs) and General Partners (GPs). In total, 22 key findings […]

(Hedgeco.Net) The Securities and Exchange Commission has announced charges against Jake Soberal and Irma Olguin, Jr., the former co-CEOs of Fresno, California-based private technology services startup Bitwise Industries Inc., for misleading investors about the company’s finances. Soberal and Olguin have […]

(CNBC) “I think the SEC, in my opinion, has lost sight of their mission to protect investors. And the question is, who are they protecting in this journey?” Garlinghouse said Thursday. The SEC was not immediately available for comment when […]

(CNBC) U.S. stock futures inched down Sunday night after Moody’s Investors Service lowered its U.S. credit rating outlook to negative from stable. Dow Jones Industrial Average futures dipped 54 points, or 0.1%. Futures tied to the S&P 500 and Nasdaq-100 […]

(CNBC) The ratings agency has affirmed the long-term issuer and senior unsecured ratings of the U.S. at Aaa. “In the context of higher interest rates, without effective fiscal policy measures to reduce government spending or increase revenues,” the agency said. […]

(Hedgeweek) Investors pulled $667m from Sculptor Capital Management’s main hedge fund during the third quarter of the year marking the sixth consecutive quarter of net redemptions for the fund, according to a report by Bloomberg. To read this article:

(Hedgeweek) Elliott Investment Management the US-based activist hedge fund firm founded by Paul Singer, is looking to raise up too $7bn in new cash from investors to take advantage of stressed and distressed trading opportunities, according to a report by […]

(CNBC) Industrial and Commercial Bank of China, the world’s largest lender by assets, said Thursday that its financial services arm, called ICBC Financial Services, experienced a ransomware attack “that resulted in disruption to certain” systems. Immediately after discovering the hack, […]

(Opalesque) Artificial intelligence (AI) is emerging as the epicenter of the global technological landscape, showcasing a formidable fusion of cutting-edge innovation and boundless potential. Numerous technology companies are already leaping onto the AI space, a trend partly driven by increased […]

(Hedgeweek) David Einhorn, the founder of hedge fund Greenlight Capital, which has chalked ups a return of 27.7% in the first nine months of 2023, is “worried about the direction of the market”, according to a report by Reuters. To […]

(Hedgeweek) Hedge fund JAT Capital wants to see a change of Chief Executive Officer at internet retailer Overstock.com as it blames incumbent Jonathan E Johnson III for the company’s poor performance, according to a report by Reuters. To read this […]

(CNBC) A U.S. judge on Thursday approved JPMorgan Chase’s $290 million settlement with women who said Jeffrey Epstein abused them, and that the largest U.S. bank turned a blind eye to the late financier’s sex trafficking. To read this article: