|
Balyasny Asset Management
Balyasny Asset Management is an American investment management firm headquartered in Chicago. Outside the U.S., it has additional offices in Canada, London and Asia. Background Balyasny Asset Management was founded in 2001 in Chicago by Dmitry Balyasny, Scott Schroeder and Taylor O'Malley. It traded mostly long/short equity which, as of 2020, accounted for 70% of the firm's risk. For the first 16 years of its existence, it rarely lost money and delivered an annualized return of 12%. However, in 2018, the firm experienced unprecedented significant difficulty, posting large performance losses, its assets under management dropping by half from $12 billion to $6 billion and client investors withdrawing their money from the firm. Balyasny himself sent out an email to the firm's staff with the subject line "Adapt or Die" that bluntly stated that "we are getting our butts kicked" and the firm's performance "sucks". In the email he also stated he didn't feel a "palpable ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
River Point
River Point, previously known as 200 North Riverside Plaza, is a 52-story 730 ft. (213 m) tall skyscraper in Chicago, Illinois, located at 444 West Lake Street. The 52-story building has of floor space. It sits on air rights above active railroad tracks and as well the subway portion of the CTA Blue Line, which affected the angle of some support columns, which in turn produced the parabolic arch in the base of the building. Groundbreaking and main tenants It was developed by Hines and designed by Pickard Chilton. The building was designed before the Great Recession of the early 21st century, and constructed after it. A groundbreaking ceremony was held for the tower in January 2013. The building has Gold LEED certification. The US Green Building Council indicates that the River Point building achieved Platinum LEEDS status as of January 30, 2019. The building became the headquarters of Morton Salt in December 2016. The anchor tenant is the law firm McDermott Will & Em ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Institutional Investor
An institutional investor is an entity which pools money to purchase securities, real property, and other investment assets or originate loans. Institutional investors include commercial banks, central banks, credit unions, government-linked companies, insurers, pension funds, sovereign wealth funds, charities, hedge funds, REITs, investment advisors, endowments, and mutual funds. Operating companies which invest excess capital in these types of assets may also be included in the term. Activist institutional investors may also influence corporate governance by exercising voting rights in their investments. In 2019, the world's top 500 asset managers collectively managed $104.4 trillion in Assets under Management (AuM). Although institutional investors appear to be more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses of investment managemen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hedge Fund Firms In Chicago
A hedge or hedgerow is a line of closely spaced shrubs and sometimes trees, planted and trained to form a barrier or to mark the boundary of an area, such as between neighbouring properties. Hedges that are used to separate a road from adjoining fields or one field from another, and are of sufficient age to incorporate larger trees, are known as hedgerows. Often they serve as windbreaks to improve conditions for the adjacent crops, as in bocage country. When clipped and maintained, hedges are also a simple form of topiary. A hedge often operates as, and sometimes is called, a "live fence". This may either consist of individual fence posts connected with wire or other fencing material, or it may be in the form of densely planted hedges without interconnecting wire. This is common in tropical areas where low-income farmers can demarcate properties and reduce maintenance of fence posts that otherwise deteriorate rapidly. Many other benefits can be obtained depending on the specie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Companies Established In 2001
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability ass ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2001 Establishments In Illinois
1 (one, unit, unity) is a number representing a single or the only entity. 1 is also a numerical digit and represents a single unit of counting or measurement. For example, a line segment of ''unit length'' is a line segment of length 1. In conventions of sign where zero is considered neither positive nor negative, 1 is the first and smallest positive integer. It is also sometimes considered the first of the infinite sequence of natural numbers, followed by 2, although by other definitions 1 is the second natural number, following 0. The fundamental mathematical property of 1 is to be a multiplicative identity, meaning that any number multiplied by 1 equals the same number. Most if not all properties of 1 can be deduced from this. In advanced mathematics, a multiplicative identity is often denoted 1, even if it is not a number. 1 is by convention not considered a prime number; this was not universally accepted until the mid-20th century. Additionally, 1 is the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dell EMC
Dell EMC (EMC Corporation until 2016) is an American multinational corporation headquartered in Hopkinton, Massachusetts and Round Rock, Texas, United States. Dell EMC sells data storage, information security, virtualization, analytics, cloud computing and other products and services that enable organizations to store, manage, protect, and analyze data. Dell EMC's target markets include large companies and small- and medium-sized businesses across various vertical markets. The company's stock (as EMC Corporation) was added to the New York Stock Exchange on April 6, 1986, and was also listed on the S&P 500 index. EMC was acquired by Dell in 2016; at that time, Forbes noted EMC's "focus on developing and selling data storage and data management hardware and software and convincing its customers to buy its products independent of their other IT buying decisions" based on "best-of-breed." It was later renamed to Dell EMC. Dell uses the EMC name with some of its products. Prior to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Insider Trading
Insider trading is the trading of a public company's stock or other securities (such as bonds or stock options) based on material, nonpublic information about the company. In various countries, some kinds of trading based on insider information is illegal. This is because it is seen as unfair to other investors who do not have access to the information, as the investor with insider information could potentially make larger profits than a typical investor could make. The rules governing insider trading are complex and vary significantly from country to country. The extent of enforcement also varies from one country to another. The definition of insider in one jurisdiction can be broad, and may cover not only insiders themselves but also any persons related to them, such as brokers, associates, and even family members. A person who becomes aware of non-public information and trades on that basis may be guilty of a crime. Trading by specific insiders, such as employees, is commonl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Galleon Group
The Galleon Group was one of the largest hedge fund management firms in the world, managing over $7 billion, before closing in October 2009. The firm was the center of a 2009 insider trading scandal which subsequently led to its fall. The firm was founded by Ari Arjavalingam, Gary Rosenbach, Krishen Sud, and Raj Rajaratnam, a former equity research analyst and eventual president of Needham & Company, in 1997. The New York headquartered firm was named for the galleon, a large sailing ship used from the 16th to 18th centuries by European traders and explorers, especially from Spain. The rise and fall of Galleon has been the subject of a number of books including ''The Billionaire's Apprentice'' (by Anita Raghavan, a journalist with ''The Wall Street Journal''). History While working for Needham & Company, Rajaratnam started a hedge fund at the company's request—the Needham Emerging Growth Partnership—in March 1992. He later bought and renamed it Galleon. The fund primarily inv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
EMC Corporation
Dell EMC (EMC Corporation until 2016) is an American multinational corporation headquartered in Hopkinton, Massachusetts and Round Rock, Texas, United States. Dell EMC sells data storage, information security, virtualization, analytics, cloud computing and other products and services that enable organizations to store, manage, protect, and analyze data. Dell EMC's target markets include large companies and small- and medium-sized businesses across various vertical markets. The company's stock (as EMC Corporation) was added to the New York Stock Exchange on April 6, 1986, and was also listed on the S&P 500 index. EMC was acquired by Dell in 2016; at that time, Forbes noted EMC's "focus on developing and selling data storage and data management hardware and software and convincing its customers to buy its products independent of their other IT buying decisions" based on "best-of-breed." It was later renamed to Dell EMC. Dell uses the EMC name with some of its products. Prior to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coatue Management
Coatue is an American technology-focused investment manager led by founder and portfolio manager Philippe Laffont. Coatue invests in public and private markets with a focus on technology, media, telecommunications. the consumer and healthcare sectors. Coatue has offices in New York City, Menlo Park, California, London, Shanghai and Hong Kong. History Philippe Laffont graduated from MIT in 1991 in computer science. He worked as an analyst for McKinsey & Company from 1992 to 1994 in Madrid, Spain. After working as an independent consultant, he joined Tiger Management LLC as a research analyst in 1996, focusing on telecommunications stocks. In 1999, Laffont founded Coatue making him a member of the Tiger Cubs employees who founded their own hedge funds. Coatue launched its first hedge fund in 1999 with $45 million in capital. Coatue manages this fund in addition to others. Thomas Laffont is the firm’s co-founder and leads Coatue’s private equity investing. Coatue's annual "Ea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tiger Global Management
Tiger Global Management, LLC (often referred to as Tiger Global and formerly known as Tiger Technology) is an American investment firm. It mainly focuses on Internet, software, consumer, and financial technology industries. Background and history Chase Coleman III was a protégé of Julian Robertson and from 1997 to 2000 worked as a technology analyst for the firm, Tiger Management. In 2000, Robertson closed Tiger Management, and entrusted Coleman with over $25 million to manage, making him one of the 30 or more so-called " Tiger Cubs", fund managers who started their fund management careers with Tiger Management. In 2001, Coleman established Tiger Technology (which would be later renamed to Tiger Global Management, LLC), as a hedge fund to invest in the public equity market. In 2003, Scott Shleifer helped Tiger Global expand into investing in the private equity market. From the period of 2007 to 2017, according to the Preqin Venture Report, Tiger Global raised the highest amo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Startup Company
A startup or start-up is a company or project undertaken by an entrepreneur to seek, develop, and validate a scalable business model. While entrepreneurship refers to all new businesses, including self-employment and businesses that never intend to become registered, startups refer to new businesses that intend to grow large beyond the solo founder. At the beginning, startups face high uncertainty and have high rates of failure, but a minority of them do go on to be successful and influential.Erin Griffith (2014)Why startups fail, according to their founders Fortune.com, 25 September 2014; accessed 27 October 2017 Actions Startups typically begin by a founder (solo-founder) or co-founders who have a way to solve a problem. The founder of a startup will begin market validation by problem interview, solution interview, and building a minimum viable product (MVP), i.e. a prototype, to develop and validate their business models. The startup process can take a long period of time (by so ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
.jpg "Click for more on -> Dell EMC")
