If the activist investor does to the pizza maker what he did with Olive Garden, expect agita.
Tag: hedge funds
Firm will open a new fund to help holdover Strategic Investing fund focus on ESG.
Billionaire hedge fund operator offsets equity stake in woebegone PG&E with purchase of liability claims against it.
Leader Ray Dalio attributes portfolio balance to flagship Pure Alpha fund’s 14.6% returns.
A major asset allocation reboot has reduced equities and increased the system’s absolute return or hedge fund allocations as well as put more money in private equity, real assets, and private credit strategies.
Private equity, real estate, and natural resources funds also represented.
Struggling firm’s founder said the fund had ‘recently not delivered’ expected results, and will return more than $1 billion by year-end.
The two alternatives firms will close at year-end, unhappy with recent performances.
Despite mediocre returns in 2018, most investors are optimistic about the next 12 months.
Summit will help institutions vet talent for the new seeding platform.
Report names asset managers profiting from private prisons.