3 Under-the-radar Hedge Funds Who Killed 2024
Glen Kacher is the founder of Light Street Capital.Heidi Gutman/Getty ImagesBig-name managers mostly performed well in 2024, but some under-the-radar players soared.Managers like Glen Kacher's Light Street and David Rogers' Castle Hook returned 60% last year.Jason Mudrick's firm returned more than 31%, a person close to the manager said.The biggest hedge funds in the world — names like Citadel, D.E.
Trader Who Made Billions In 2008 Returns To Bet On Market Swings
(Bloomberg) -- A former hedge fund manager whose firm made billions during the global financial crisis is ready to pounce on volatility again, as he sees threats to market stability at a level not seen since 2008. Steve Diggle’s family office Vulpes Investment Management is seeking up to $250 million from investors as early as in the first quarter, the Oxford, UK-based investor said in a telephone interview.
Climate And Energy Analytics Startup Sunairio Raises $6.4M To Help Energy Sector Navigate Unprecedented Grid Volatility
With funding from leading climate venture capital, energy, and insurance investors, the round will allow Sunairio to grow its team and expand the availability of new climate simulation technology with 1,000 times the resolution of traditional models. BALTIMORE, Dec. 20, 2024...
Quantum Technology Startup Quanfluence Nets $2 Mn In Funding
Quantum technology startup Quanfluence has raised $2 Mn (around INR 16.65 Cr) in a seed funding round led by pi…
#nyctech Week In Review: 12/8/24 – 12/14/24 – Alleywatch
The latest week in NYC tech brought $101M+ in fresh funding across ten deals, including notable rounds for customer engagement platform Endear and financial education startup FINNY. These investments, along with eight other recently closed deals, showcase where capital is flowing in New York's active startup ecosystem. Here's what you need to know about the latest moves in NYC tech.
Ai Startup Rapidcanvas Bags $16M In Series A Funding Led By Peak Xv
RapidCanvas’ SaaS model aids enterprises in implementing tailored AI solutions without technical talent by combining AI agents with expert guidance.
The Weekly Notable Startup Funding Report: 11/25/24 – Alleywatch
The notable startup funding rounds for the week ending 11/23/24 featuring funding details for Iontra, Levanta, Teleo, and twenty-four other deals representing $11B (not a typo) in new funding that you need to know about.
Europe Energy Crisis: Natural Gas Prices Jump As Russia Cut Looms
Escalating tensions in Ukraine have contributed to about a 45% surge gas prices this year. :
Rapidly depleting gas reserves and looming supply cuts from Moscow have the makings of a fresh energy crisis for Europe, which is still reeling from extreme shocks two years ago. Escalating tensions in Ukraine have contributed to about a 45% surge gas prices this year. While levels are still far below 2022 records, they are high enough to risk deepening a cost-of-living crisis for households and intensifying competitive pressure on strapped manufacturers.
Two Sigma Cuts 200 Jobs
Two Sigma cofounders David Siegel and John Overdeck stepped back as co-CEOs of the firm in September.Two SigmaTwo Sigma laid off 200 employees Thursday, 10% of the $60 billion firm's workforce.The hedge fund is run by co-CEOs Carter Lyons and Scott Hoffman, who took over for Two Sigma's billionaire cofounders in September.The firm is planning to continue to invest in its core strategies, a person close to the manager said.Thursday brought the latest twist in a year full of them for $60 billion Two Sigma.The New York-based quant giant has cut 200 jobs — roughly 10% of its overall workforce.
Why Compliance-focused Startups Are Booming In The Ai Era | Fortune
AI security and compliance startup Vanta has released its 2024 State of Trust report. :
It’s for AI security and compliance startup Vanta, with the tagline: “Compliance that doesn’t SOC 2 much.” SOC 2, short for Service Organization Control 2, is a certification that outlines how companies should manage and protect customer data. While it’s not legally required, it’s become a crucial standard for enterprise SaaS companies—though the certification process is notoriously time-consuming. Vanta, which this summer raised $150 million at a $2.45 billion valuation, was started in 2018 to automate information security compliance (like SOC 2).