SurgoCap Partners made history with its debut as the largest woman-led hedge fund internationally. Under its founder, Mala Gaonkar, SurgoGap Partners started trading on Tuesday, January 3, 2023 with $1.8 million under management. The SurgoCap firm will base its investments around areas in which technology can boost financial, industrial, and health care sectors. Gaonkar …
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Warren Buffett, chairman and chief executive of Berkshire Hathaway, recently celebrated his 82nd birthday. Though reports claim his condition is nonfatal, Buffett’s recent diagnosis with prostate cancer has undoubtedly shaken both his professional and personal lives. Many feel that that is why he chose to donate another $3 billion of Berkshire Hathaway shares to his …
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High Water Women, a small group of women from the hedge fund community, are preparing to launch their 7th annual Casino Night in support of a charity that provides volunteer opportunities for women and youth. With more than 2,300 members throughout the financial services sector, High Water Women has partnerships with 15 charitable foundations. Named …
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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 …
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Bruce Karsh, the co-founder of Oaktree Capital Management, hedge fund firm and asset manager, recently donated $50 million to Duke University in support of undergraduate scholarships. The firm, which is based in Los Angeles, has more than $83 billion in assets currently under management. According to the university’s website, the Duke alumnus and his wife’s …
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