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How feuding billionaires, a rogue trader and a divorce rattled a $93b Wall Street powerhouse - Vimarsana News

How feuding billionaires, a rogue trader and a divorce rattled a $93b Wall Street powerhouse

Two Sigma has long prided itself on two things:the sophisticated, in-house algorithms that power its trading, and its commitment to secrecy. But its dirty laundry has now been aired.

Billionaires' spat, rogue trader, divorce expose secretive hedge fund - Vimarsana News

Billionaires' spat, rogue trader, divorce expose secretive hedge fund

Two Sigma has long prided itself on two things: the sophisticated, in-house algorithms that power its trading, and its commitment to privacy. Not any more.

Source: afr.com
Morning Coffee: Apollo plans to pay its partners in a more volatile way. Barclays not cutting much in Asia after all - Vimarsana News

Morning Coffee: Apollo plans to pay its partners in a more volatile way. Barclays not cutting much in Asia after all

Apollo is going to pay people a higher proportion of carried interest.

Forbes Daily: As LinkedIn Hits 1 Billion Users, WeWork Faces New Collapse - Vimarsana News

Forbes Daily: As LinkedIn Hits 1 Billion Users, WeWork Faces New Collapse

George Santos survives expulsion vote; Texas Rangers win World Series; Novo Nordisk record quarter; Fed keeps interest rates steady; laws limit foreign ownership of land.

Source: forbes.com
Hedge Fund Billionaire John Overdeck's Estranged Wife Sues Over Movement Of Trust Assets To Wyoming Before Her Divorce Filing - Vimarsana News

Hedge Fund Billionaire John Overdeck's Estranged Wife Sues Over Movement Of Trust Assets To Wyoming Before Her Divorce Filing

Laura Overdeck’s suit charges a law firm, which had done estate planning for the couple, later committed malpractice and fraud by lulling her into relinquishing control of trusts with billions in marital assets to her husband, the cofounder of Two Sigma.

Source: forbes.com