Oct 22, 2014

Third Point sells Sony, takes new stakes in eBay, Alibaba

Third Point LLC, the hedge fund firm run by Daniel Loeb, sold its investment in Sony Corp. and bought stakes in eBay Inc. and Alibaba Group Holding Ltd. in the third quarter. The New York-based firm also called for a breakup of biotechnology company ...

Jan 21, 2014

Goldman alumni to open fund

Golvis Investment, founded by three former Goldman Sachs Group managing directors, plans to open its Japan-focused multistrategy hedge fund to investors this quarter, two sources said. Golvis Asia Opportunities Fund returned almost 2 percent in the first two weeks of January, said the sources, ...

Hedge fund guru John Paulson fleeced by gold

May 4, 2013

Hedge fund guru John Paulson fleeced by gold


Gold and its beguiling promise of assured riches have lured clever men into making bad decisions for millennia. The latest to have fallen under its alchemical spell is apparently John Paulson, hedge fund billionaire and the man who made his name — and a ...