January 12, 2009
The Financial Times offered a snapshot of what to expect in 2009, as hedge fund managers returned to their offices after what has clearly been the worst year on record for hedge funds. 2008 saw losses hit 18.3 percent according to Chicago’s Hedge Fund Research. Record numbers of funds closed, investors yanked tens of billions […]
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December 25, 2008
At a time when hedge funds are getting clobbered by the economic downturn and investor redemptions, one fund in the heart of the financial universe is quietly expanding. Renaissance Technologies, a quantitative hedge fund shop based in Long Island, is subletting 6,700 square feet at 800 Third Avenue, according to Crain’s New York Business. The […]
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