Hedge Crunch FinancialRenaissance Technologies
Top 25 Fund Managers Earned $15.38 Billion Collectively in 2017
Hedge funds seem to be rebounding from their years-long slump, with 2017 being spectacularly lucrative for the extremely lucky few. Four hedge fund managers realized personal annual earnings topping the one-billion-dollar mark, an astronomically good years wages by anyone’s standards. Those four include James Simons of Renaissance Technologies with a sweet $1.7 billion; David Tepper […]
Top Revenues for Hedge Fund Managers
Despite the fact that investor returns for hedge funds were somewhat “disappointing,” hedge fund managers did not feel the pinch. Indeed, over the last ten years the industry has encountered very bad returns with Daniel S. Loeb referring to it a “catastrophic period.” Bringing home a staggering $11 billion, the top 25 hedge fund managers […]
Renaissance Technologies Beating the Odds
In the midst of what to some observers looks like a shrinking of the hedge fund industry, Renaissance Technologies, LLC, seems to be an exception. Renaissance uses closely held computer models and alogorithms to pick its bets. After a period of inconclusive results, the fund seems to have finally found its legs. For over a […]
Renaissance Technologies Founder James Simons Donates $150 Million to Stony Brook University
According to a statement recently released by the school, Renaissance Technologies founder James Simons and his wife are donating $150 million to Stony Brook University in New York. Governor of New York Andrew Cuomo and the University are scheduled to announce the gift at the school’s campus on Long Island. The donation is the largest […]