In 1990, Harvard Business School professor Michael Jensen co-wrote an article making the then-bold claim that CEO compensation should be tied to stock price performance. The point, Jensen and his ...

Jack Bogle championed index funds as a way to democratize investments. Now the three biggest index fund managers pose a new threat, a former Federal Reserve staffer argues. “Asset management firms ...

Exclusivity is like fiat currency: It only works if everyone believes it’s real. For decades that wasn’t a problem for Seth Klarman’s $29.5 billion Baupost Group. The only way to get money into its ...

Twenty years after launching a hedge fund firm with a seed investment from legendary hedge fund manager Julian Robertson, Jr., Chase Coleman is taking a well-deserved victory lap. The elite investment ...

Who said succession planning can’t work in the hedge fund industry? Just ask the folks at Renaissance Technologies, which has not missed a beat since its founder, Jim Simons, passed away last year.The ...

Nate Koppikar, the portfolio manager and cofounder of Orso Partners, had a novel idea. Private equity is in love with AI, investing more than $200 billion in the lofty tech sector since 2020, he ...

A group of private equity funds delivering eyebrow-raising performance aren’t exclusively focused on one industry or located in a specific region. They share a certain size and focus — two critical ...

On February 1, Essma Bengabsia hit Publish. Her article, called “#MeToo at Blackrock,” went live moments later. An Arab-American Muslim woman, Bengabsia wrote that she was “sexually harassed and ...

With the S&P 500 down approximately 20 percent year to date, virtually every investor is feeling the pain of unrealized losses. Unfortunately for most investors, bonds have not provided the ballast ...

The question comes from foil-hatted conspiracists, good government advocates, and sober academics: Who owns the New York Federal Reserve Bank? Under the Federal Reserve Act of 1913, each of the 12 ...

To keep up with high-performing fund managers, private equity firms with lesser reputations inflate their funds’ value during fundraising periods. Previous research has found abnormally high private ...

At the Yale School of Management’s summer school for Chinese executives, the bigwig investment speaker had a message: Don’t try what we did. Charles Ellis, the lecturer, oversaw Yale’s famous ...