BlueMountain's flagship fund is losing money so far this year even as the rest of the industry surges, and it's just the latest blow for the hedge fund

Andrew Feldstein's flagship fund lost nearly 4% in the first quarter of 2019 while hedge funds as a whole had one of their best quarters in years.

May 23, 2019   |   View Online »

BlueMountain's flagship fund is losing money so far this year even as the rest of the industry surges, and it's just the latest blow for the hedge fund Bradley Saacks | Andrew Feldstein's flagship fund lost nearly 4% in the first quarter of 2019 while hedge funds as a whole had one of their best quarters in years. Read More »

Deutsche Bank pay is driving a wedge between veterans on 'Mickey Mouse money' and a slew of better-paid new hires — and a $62 million bonus for the board adds extra sting Trista Kelley | Veterans are paid in Deutsche Bank stock, which has been in decline. Read More »

Barclays is culling senior staff on the heels of a management overhaul — just a month after the bank said 'no plans for job cuts' Trista Kelley | Barclays kicked off a new round of job cuts this week, reportedly letting go 12 in US equities. The bank in April said it wasn't planning any cuts. Read More »

$32 billion money manager Angelo Gordon told investors its 'Super Fund' is up slightly for the year after big bets on Puerto Rican debt and Toshiba Bradley Saacks | Angelo Gordon's Super Fund, which is up 3.4% through April, has lost liquid credit managers Michael Liebman and John Rudic after two years. Read More »

MORGAN STANLEY: These 15 large companies are most likely to get acquired within the next 12 months Akin Oyedele | These large, liquid companies could see their stock prices surge if they receive buyout offers, Morgan Stanley says. Read More »

TransferWise — a $3.5 billion unicorn that's now one of Europe's biggest fintechs — says it's ramping up US expansion, hiring hundreds, and mulling an IPO Callum Burroughs | The firm is valued at $3.5 billion after a funding round from investors including BlackRock. "We're likely to go public at some point," the CFO says. Read More »

Top investors say these 11 buzzy, under-the-radar consumer cannabis startups are set to raise fresh rounds and blow up this year Jeremy Berke | We asked the top cannabis investors to pick out which consumer startups in the nascent industry they think will blow up this year. Here are their picks. Read More »

Qualcomm's defeat in court is a 'gut punch' that an analyst says could give China's Huawei an edge in the tech cold war Benjamin Pimentel | A court ruling against Qualcomm is a big blow to the chip giant, an analyst said. And it could strengthen China's Huawei in the tech cold war. Read More »

After selling his company for $6.5 billion and doing 40 angel investments, Ross Mason is joining an unusual quant-like VC firm Julie Bort | MuleSoft founder Ross Mason has joined an unusual venture fund called SignalFire. SignalFire wants to change the VC industry with quant-like data. Read More »

How this 30-year-old raised $60 million for a VR firm that wants to transform the way you experience live music Charlie Wood | Anthony Matchett has helped raise $50 million for MelodyVR, a software firm that lets people experience live music in virtual reality. Read More »

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