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RA Capital Management, Janus Henderson, Balyasny Back Reverse Merger of Biotech Company

Newly formed Ambros Therapeutics will go public by merging with a Nasdaq-listed penny stock.

Coatue Makes Third Bet on AI Startup in Music and Entertainment

Tiger Cub Coatue, which has a separate venture capital business, is the only firm known for its hedge funds to invest in Stability AI.

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What Past Sector Concentrations Tell Us About Today's Tech-Heavy S&P 500

Greenlight’s August Loss Cuts Into Strong Year-to-Date Return

David Einhorn’s hedge fund suffered as several major positions, including California utility PG&E, generated double-digit losses last month.

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