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Foursixthree Capital LP decreased its stake in shares of Equitrans Midstream Co. (NYSE:ETRN – Free Report) by 35.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,085,915 shares of the company’s stock after selling 604,325 shares during the period. […]
A panel tasked with overseeing the credit default swaps market says the write-down of Credit Suisse AT1 bonds will not trigger an insurance payout.
PointState deputy CIO Zach Kurz is starting his own fund, Pinnbrook Capital. The firm is expected to start trading April 1 with $500 million. Kurz took over many responsibilities of PointState cofounder Josh Samuelson when he left late 2019. Zach Kurz, a former Forbes' 30 under 30 member and deputy CIO for PointState, is starting his own hedge fund, sources tell Insider. The new firm will be called Pinnbrook Capital, and is expected to start trading April 1 with $500 million. Sources told Insider the new firm has an anchor investor that is pumping in roughly half of the firm's starting capita...