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— - 1 allocators - 1 Griffin's - 1 Izzy Englander's - 1 Jack Springate - 1 Allen Cheng - 1 Cheng - 1 Bobby Jain - 1
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Service - 1 Business - 1 Fortune - 1 Goldman Sachs Asset Management - 1 Aon - 1 Millennium - 1 Treasury - 1

Search resuls for: "Springate"


2 mentions found


☆ The fastest-growing hedge funds are now investing conglomerates. That's changing how investors judge the biggest firms.
  + stars: | 2024-02-29 | by ( Bradley Saacks | ) www.businessinsider.com   time to read: +7 min
The rise in multi-manager hedge funds over the past five years has forced allocators to create a separate due diligence model for the fastest-growing segment in the industry. Even an executive at a midsized multi-manager admits their firm and its peers are "more like corporations than hedge funds." AdvertisementA new type of hedge-fund kingsFounders were once simply the best traders and money-makers, spinning out of banks' trading desks and larger hedge funds. Bobby Jain, the former Millennium executive starting his own multi-billion hedge fund, hasn't traded in decades but was a part of the leadership team at one of the biggest hedge funds in the world. Jobs at multi-manager platforms are roughly a quarter of the industry's overall roles, despite these funds holding roughly 14% of the assets.
Persons: —, allocators, Griffin's, Izzy Englander's, Jack Springate, Allen Cheng, Cheng, Bobby Jain, hasn't, Michael Gelband, Dmitry Balyasny, Steve Cohen, Izzy Englander, Ajay, Kevin Lyons, Lyons, Springate Organizations: Service, Business, Fortune, Goldman Sachs Asset Management, Aon, Millennium, Treasury Locations: Schonfeld's
☆ Dr Pepper forced to give $100K prize to BOTH contestants after boos erupt following odd tie-breaker at SEC championship halftime contest
  + stars: | 2022-12-04 | by ( Bethany Biron | ) www.businessinsider.com   time to read: +3 min
Dr Pepper drew scorn for its handling of a college tuition giveaway during halftime of the SEC championship game. "Well, you all saw the unprecedented double tie of the Dr Pepper halftime tuition giveaway," Dell said. "We 've just been told by Dr Pepper that they're going to award both finalists $100,000. Congratulations, ladies, and great job by Dr Pepper there." Keurig Dr Pepper, the brand's parent company, has held the contest since 2008 and given away a total of $13 million in college tuition.
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