Tag Archive: New York City

Hedge Fund Guru Donates $25 Million to NY’s Signature Theatre

Run by hedge fund mogul Bill Ackman, the Pershing Square Foundation recently announced a $25 million donation to the Signature Theatre in New York. The funds will support Signature Center, a new home in the Times Square area, as well as fund the Signature Ticket Initiative: A Generation of Access, that ensures affordable and accessible…

New York Advised to Invest Pension Money in Minority Owned Hedge Funds

Public Advocate Bill de Blasio suggested that New York City invest a portion of its pension money in hedge funds with the help of emerging managers. These include women and minority owned hedge funds which are new. This is an advantage because these funds tend to manage less money than older ones. Barclays Capital has…