How Paloma Partners is repaying $1.2 billion to investors — including pulling money from external managers
The hedge fund Paloma Partners is drumming up cash to meet redemptions, including divesting from the buzzy quant fund Aquatic ...
M&A stays flat in 2024, but it's still the fourth-highest number in 20 years
KC's M&A activity in 2024 just missed matching deals done in 2023. But it still was a pretty good year, ranking in the top ...
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The rise and fall of Long Term Capital Management
There's this cautionary tale, in the finance world, that nearly any trader can tell you. It's about placing too much confidence in math and models. It's the story of Long Term Capital Management.The ...