Sanjay Shah had been pursued by Danish authorities, who said he was behind a scheme to steal $1.3 billion from the national coffers.
Category: Hedge Funds
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Warring Billionaires, a Rogue Trader, a Divorce: One Hedge Fund’s Tale of Woe
Two Sigma, the $60 billion quantitative trading firm, has been beset by troubles this year that have tarnished its image and could hurt its future.
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How Does the World’s Largest Hedge Fund Really Make Its Money?
Ray Dalio’s investing tactics have always been a closely kept secret, even inside Bridgewater Associates. Several years ago, some of Wall Street’s biggest names set out to discover his edge.
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Warning of ‘Grave’ Errors, Powerful Donors Push Universities on Hamas
Wall Street financiers are pressing elite schools to condemn criticism of Israel. Amid pressure, the University of Pennsylvania on Sunday issued a statement referring to Hamas’s attack as terrorism.
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Sam Bankman-Fried’s Closest Friends Become His Foes in Courtroom Clash
The FTX founder’s criminal trial has made clear just how much his inner circle has turned against him.
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Billionaire Ray Dalio Pushes for Return to Hedge Fund in Succession Clash
Mr. Dalio retired from Bridgewater last year. But his successors at the world’s biggest hedge fund are discovering it’s not easy to operate with the firm’s founder looming over them.
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Wall Street Moguls Win Important Backer in Their Fight Over Hedge Fund Sale
A group of high-profile investors is pushing to buy a storied hedge fund that has already agreed to be sold to another firm.
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Crispin Odey and His Hedge Fund Rocked by Sexual Assault Allegations
After accusations were published in Britain, Crispin Odey was severed from his own investment firm, which is now dissolving itself.
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President Biden Renews Fight on ‘Surprise Fees’ as Inflation Stays High
President Biden will host executives from several companies, including Airbnb and Live Nation, to announce new efforts to end so-called junk fees as inflation remains high.
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Founders of Three Arrows, Failed Crypto Fund, Are Living Large
The implosion of Three Arrows Capital, a cryptocurrency hedge fund, devastated the industry. Its two founders spent the next year surfing, meditating and traveling the world.
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Steve Cohen’s Amazin’, Maddening, Money-Losing Bid to Own New York
The New York Times – Sports:Once a symbol of Wall Street excess, Cohen has invested lavishly in the Mets, becoming the most beloved billionaire in Queens. Is that enough to reverse team history?