Meet 2022’s Hedge Fund Rising Stars (Institutional Investor)
One is a classical pianist. Another is a former minor league baseball player. Two others are sons of iconic Wall Streeters. All of them have one thing in common: They are among Institutional Investor’s ten newest Hedge Fund Rising Stars. The class of 2022 – the first since 2019, thanks to a two-year hiatus for the pandemic – includes several who run their own hedge fund firms, such as Andrew Cohen of Difesa Capital Management and Michael Englander of Greenland Capital Management. These two Rising Stars are the sons of Peter Cohen and Izzy Englander, respectively.
Panthers’ David Tepper, Billionaire with N.J. Roots, Remains NFL’s Richest Owner; Mets’ Steve Cohen tops in MLB (NJ.com)
Earlier this week, Forbes released its updated list of the world’s richest sports team owners, and once again, Carolina Panthers’ David Tepper is tops among his NFL colleagues. It’s the third year in a row Tepper, the former Goldman Sachs trader who founded Appaloosa, a hedge fund with its headquarters in Short Hills, N.J., is the NFL’s richest owner. Tepper, who lived in New Jersey for more than two decades before moving to Florida in 2016, bought the Carolina Panthers in 2018 for $2.3 billion.
Viking Hedge Fund Plans NYC Office Expansion as Headcount Grows (Bloomberg)
Andreas Halvorsen’s mega hedge fund firm, Viking Global Investors, is looking to relocate its Manhattan offices and snap up more space as it ramps up growth in New York City. The firm is in talks for more than 100,000 square feet (9,300 square meters) of space at 660 Fifth Ave., an office tower that’s undergoing a $400 million redevelopment by Brookfield Properties, according to people familiar with the matter. Discussions are ongoing and nothing is finalized, the people said, asking not to be named because the matter is private.
Sears Bankruptcy Judge Orders Ex-Chairman Lampert, Creditors to Mediation (The Wall Street Journal)
The judge overseeing the bankruptcy case of Sears Holdings Corp. appointed mediators to help resolve a $2 billion lawsuit against former chairman Eddie Lampert and other former shareholders filed by the retailer’s creditors three years ago. Judge Robert Drain appointed Shelley Chapman, a fellow bankruptcy judge in the U.S. Bankruptcy Court in New York, along with James Peck and Jed Melnick, as mediators in the lawsuit, which alleges that Mr. Lampert and his hedge fund stripped key assets like Lands’ End and the Sears Hometown.
Hedge Fund Market Size 2022 Development Strategies, Top Manufacturers Insights, Industry Share, Growth Rate Analysis by Regions Forecast to 2029 (Digital Journal)
Hedge Fund Market Report helps to determines various growth opportunities, future scope, top industry development plans and key regions update with leading players. Some top players Are – BridgeWater Associates, Citadel, AQR Capital Management, Two Sigma Investments, BlackRock, Elliot Management, Millennium Management. Global “Hedge Fund Market” Report encompasses major revenue streams of top players along with their growth patterns. Hedge Fund market report provides comprehensive analysis of several growth factors such as market status, key trends, market size, share and sales volume.