Investor Soo Kim Buys Rights to Bally’s Brand for $20 Million

Soo Kim, 45, hedge fund investor and owner of gaming company Twin River Worldwide Holdings, purchased the global rights to the Bally’s name from owner Caesars Entertainment. The $20 million purchase will give Kim the rights to put the name on all of his gaming investments which include 11 casinos and his publicly traded headquarters. […]

Snoddy’s Comeback Firm Earns Him 17% Returns with New Japan Hedge Fund

David Snoddy, a graduate of Tiger Management who took a break from investing for a few years, came roaring back over the past year and a half with 17% growth on his newly established long-short Japan hedge fund. Snoddy worked for Julian Robertson’s Tiger Management in the Tokyo office until he went out on his […]

Tyr Capital Holding Its Own in Volatile Market

Newly launched crypto hedge fund, Tyr Capital Arbitrage SP, reported excellent, double-digit gains after just one year of investing. Nick Norris, Ed Hindi, and Nick Metzidakis created Tyr Capital in January 2019 in London. The fund focuses on soft commodity and energy markets. Two of the three men, Norris and Hindi, worked together at Geneva […]

Brevan Howard Doing Well Amid Current Financial Uncertainty

New Jersey-based Brevan Howard Asset Management is riding the storm of the coronavirus outbreak in excellent shape, predicting that March could be its best month since it was founded in 2003. The firm’s flagship macro hedge fund, Brevan Howard Master Fund, saw a rise of 17% during the first three weeks of March, adding up […]

Hedge Fund TCI to Demand More Green from Companies

An unlikely investor is taking drastic steps to bring sustainability to his portfolio. Sir Christopher Hohn, the British head of the New York hedge fund TCI, will use his $30 billion worth of influence to demand that the companies in his portfolio disclose their carbon footprint and reduce their use of fossil fuels and greenhouse […]

First Compliant Cryptocurrency Hedge Fund Opens in Asia

The Circle Fund, with teams of investors in Shanghai, Hong Kong and New York, is the first Asian cryptocurrency hedge fund to be compliant with global regulations. The company behind the fund is made up of people with over five years of experience in the primary and secondary blockchain industry markets. The investors involved in […]

Parplus Fund Has No Management Fees

James Carney, founder of Parplus Partners, says his fund will never take a management fee. He will, instead, charge his clients a performance fee when and if his funds surpass the S&P 500 stock index. “Eat what you kill. That’s what I’ve been doing for 34 years,” said Carney, who is also the fund’s CEO. […]