Page 19 - Alex Morrell News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Steve Marcus/Reuters Another senior Point72 data executive is departing the hedge fund. Kirk McKeown, who led proprietary research, is leaving to start a business, sources told Insider. In December, Matthew Granade, who oversaw the fund's data efforts, left amid a firm reorganization. Another top data executive is out at Point72.  Kirk McKeown, who led proprietary research at the hedge fund, has left the firm, according to people familiar with the matter and an internal memo seen by Insider. McKeown, who joined the firm eight years ago and created its Canvas Fun...

Forty-eight percent come from the firm's institutional securities group, which houses its investment banking and sales and trading operations.

Samantha Lee/Business Insider This story is available exclusively to Insider subscribers. Become an Insider and start reading now. 7Park Data, which Vista Equity Partners bought for $100 million, is shuttering as a stand-alone alt-data business and being absorbed into the Vista-owned software provider Apptio. The company has struggled to deal with a new mandate from Vista, the loss of key outside data streams, and client departures, sources told Insider. In 2017, 7Park had a large client roster including a star-studded list of ...

REUTERS/Lucas Jackson This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Special-purpose acquisition companies — aka "blank-check" companies — are having a moment on Wall Street. The investment vehicles raised more than $80 billion in 2020, more than five-times last year's total of $14 billion. SPACs have recently attracted bold-faced names such as hedge-fund titan Bill Ackman, LinkedIn founder Reid Hoffman, Silicon Valley power player Dragoneer Investment Group, and "Moneyb...

Two weeks out from the end of 2020 and the IPO news cycle isn't slowing down.  You'd be forgiven if you thought at the beginning of the week we'd maybe get a break from hearing about hot tech companies rushing to go public, as Roblex and Affirm postponed their debuts. But by Friday, cryptocurrency exchange Coinbase, online thrift platform Poshmark, and dating app Bumble had all filed for upcoming IPOs.  Another thing they all have in common, according to reports, is Goldman Sach's involvement.  The company has led offerings this fall for DoorDash, Wish, Snowflake, and Unity Software, and w...