SAC To Pay $1.8 bn For Insider Trading: US Attorney

SAC to pay $1.8 bn for insider trading: US Attorney (via AFP)

Giant hedge fund SAC Capital has agreed to plead guilty to criminal charges of insider trading and pay $1.8 billion to settle them, the US Attorney’s office announced Monday. SAC, run by multi-billionaire Steven A. Cohen, also agreed to give up its…

Alkeon: Big Tech Is Only Just Getting Started

TechnologyThe ACAP Strategic Fund's managers see a "significant scarcity of attractive asset allocation choices globally," but also a strong environment for fundamental stock picking. Q2 2021 hedge fund letters, conferences and more According to a copy of the fund's second-quarter investor update, which ValueWalk has been able to review, its managers currently hold a balanced Read More

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