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☆ A longtime Bridgewater investor is launching a hedge fund. Here's a look inside Paul Podolsky's Kate Capital.
  + stars: | 2024-10-01 | by ( Bradley Saacks | ) www.businessinsider.com   time to read: +3 min
Paul Podolsky's Kate Capital is set to start trading on November 1 with roughly $200 million. The manager will be a discretionary global macro fund with 50 to 60 positions at a time. The person close to Kate Capital told BI that it will be a discretionary global macro fund, as opposed to Bridgewater, which invests more systematically. And, like Dalio, Podolsky plans to share his thoughts on the world as he invests. He plans to continue writing when the firm launches, the person close to the firm said.
Persons: Paul, Kate Capital, Tom Bachner, —, Paul Podolsky, Podolsky, Ray Dalio, Kate, He's, FBI James Comey, Dalio Organizations: Mudrick, Service, Business, Mudrick Capital, Kate Capital, Industry, New, New Holland Capital, FBI Locations: Bridgewater, Russia, Soviet Union, China, New Holland
☆ Judge fines Trump and his lawyer almost $1 million over 'frivolous' lawsuit targeting Hillary Clinton and others
  + stars: | 2023-01-20 | by ( Joshua Zitser | ) www.businessinsider.com   time to read: +3 min
A federal judge ordered Donald Trump and his attorney to pay nearly $1 million in sanctions. The pair were fined for filing a "frivolous" lawsuit against Hillary Clinton and 30 others. The case was dismissed in September, with the judge deciding it had no merit as a lawsuit. The pair were fined for filing a "frivolous" lawsuit against former Secretary of State and 2016 presidential candidate Hillary Clinton, as well as 30 other perceived political enemies. In November, Middlebrooks fined a group of Trump's lawyers over the lawsuit.
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