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Hedge funder Bill Ackman dines in NYC with Axel Springer CEO

Have they reached a détente regarding foie gras? after bill ackman threatened to sue Business Insider last monthspies told Page Six that the billionaire hedge fund manager was spotted dining at Daniel’s last week with Matthias Dopfner, CEO of Business Insider’s parent company, Axel Springer. . Mr. Ackman and Mr. Dopfner raised eyebrows when they […]

$3B Disney bet caused Nelson Peltz’s hedge fund to underperform in 2023: source

A $3 billion bet on Walt Disney by Nelson Peltz's Trian Fund Management was compared to the investment management firm's activist hedge fund, according to financial details provided to Reuters by Trian investors. This was the main reason for last year's poor performance. The previously unreported details illustrate the high financial stakes for Tryon as […]

Bill Ackman’s Pershing Square named one of world’s top hedge funds

Bill Ackman's Pershing Square Capital Management has rejoined the list of the world's 20 best-performing hedge funds, nine years after being dropped from the ranking. Pershing Square ranked 20th, ahead of Louis Bacon's Moore Capital Management, according to LCH Investments. LCH said the New York-based fund, which has $17.9 billion in assets under management, made […]