08/15/2013
Billionaire hedge fund manager John Paulson, who told investors as recently as last month that they should own gold, cut his holdings in the metal by more than half as prices plunged into a bear market.
08/04/2013
Blackstone and Credit Suisse today announced that Blackstone had closed on its acquisition of Strategic Partners from Credit Suisse. Strategic Partners is a secondary private fund of funds business, with $10 billion in assets under management.
08/01/2013
Actor George Clooney, one of Hollywood’s biggest stars, attacked one of the most famous hedge fund managers on Wall Street, calling billionaire Daniel Loeb a “carpet bagger” who is “trying to manipulate the market.”