Renaissance Technologies’s James Simons, Citadel’s Ken Griffin, Points72′s Steven Cohen and Appaloosa Management’s David Tepper were among the biggest hedge fund earners in 2019 with each man raking in over $1 billion, according to Institutional Investor’s Rich List.
Even with investment gains Tuesday, Georgia’s giant teacher pension system, which sends checks to 133,000 retired educators each month, has lost $15 billion this year in the wake of the stock market crash caused by the coronavirus pandemic.
Receiving strong support from new and existing investors, Fund IV will continue its strategy of partnering with proven management teams to identify attractive opportunities in midstream infrastructure.
Private equity firm focused on opportunistic special situations announces the final closing of Origami Opportunities Fund IV, LP with $520 million in capital commitments.
There is no doubt we are in one of the most turbulent and challenging times in American, and world, history. The coronavirus is dramatically changing everything: Our personal lives, economic markets, and, of course, higher-education institutions are being transformed before our eyes.
Credit-ratings firms have issued a wave of downgrades for corporate and government bonds as they reassess the ability of borrowers to repay their obligations amid the coronavirus slowdown.