Quant hedge fund Seven Eight Capital is winding down, according to people familiar with the matter. The fund managed around $500 million at its peak and traded for Schonfeld for many years. The funding is closing after large investors pulled […]
Seven Eight Capital Is Winding Down a Year After Leaving Schonfeld Read More »
Starboard Value has taken a $1 billion stake in drugmaker Pfizer. The hedge fund, headed by Jeff Smith, has become one of the most feared activist investors. Starboard has doubled its assets over the past decade targeting companies across industries.
Meet Jeff Smith, the Hedge-Fund Investor Taking on Pfizer Read More »
Starboard Value has taken a significant stake in Pfizer, said people familiar with the matter. The drug giant’s stock has dropped significantly since its 2021 COVID-19 vaccine rollout. Starboard has recently taken positions in Starbucks and Match. Thanks for signing
Starboard Has Taken a Significant Stake in Pfizer Read More »
