The Heinz Endowments, a decades-old foundation created by the family that started the H. J. Heinz Company, best known for its ketchup, is suing a former employee for embezzling almost $1 million of ...

For the better part of the past decade, Michael Green has been on a mission. From talking to money managers to making the rounds of hedge fund idea dinners to attending conferences geared to everyone ...

Six years ago, Donna Snider built Hackensack Meridian Health's investment office from scratch just as the Covid pandemic began. Now, the New Jersey-based healthcare system’s first dedicated investment ...

Asset managers aren’t investing as aggressively in artificial intelligence as the hype might suggest. Despite the talk surrounding AI’s ubiquity and inevitability, new research from the Thinking Ahead ...

The Doris Duke Foundation’s long biotechnology bet is paying off after a five-year winter. The $2.2 billion portfolio has steadily expanded its exposure to health and life sciences as part of a ...

Since Dan Loeb founded Third Point in 1995, the firm has been known for its equity investments and especially its activism. Early on, Loeb became legendary for his acerbic letters laced with scathing ...

After graduating in 1994 from the United States Naval Academy, one of the top colleges in the country, Matt Gibson returned the favor like most midshipmen by serving in the Navy for five years. He ...

MSCI bought a minority stake of Burgiss Group in 2020. Now, it’s buying the remaining 66 percent of the private markets data company for $697 million in cash — a price Morningstar says was expensive ...

Several prominent biotech-focused hedge funds are backing Talawar Therapeutics' merger with JATT II Acquisition, a special purpose acquisition company that found a merger partner just over two months ...

The big managers continue to get bigger through M&A, with MetLife’s institutional asset management business buying PineBridge Investments this week. MetLife Investment Management is purchasing ...

Traditional and alternative asset management are becoming less black and white as more insurers and high-net-worth investors seek integrated, total portfolio solutions that blend public and private ...

Glenview Capital Partners was up sharply in May.The hedge fund headed by Larry Robbins posted a strong 7.8 percent gain in May. As a result, it is up 13.8 percent for the year, according to an ...