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CHICAGO (AP) — Billionaire hedge fund manager Ken Griffin is donating $12 million to pay for separate bike and pedestrian paths along Lake Michigan in Chicago. Full investment news article
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The $3 trillion global hedge fund industry is heading into 2017 amid a widespread backlash from clients who are asking for their money back because of years of poor returns and high fees. The total number of funds in the industry fell for the first time on record, while many of the world’s best-known companies were forced to cut fees. But the industry got an unexpected boost last month when volatility sparked by Donald... Full investment news article
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Och-Ziff Capital Management Group LLC,