Hedge Fund and Insider Trading News: John Paulson, Michael Burry, Mike Novogratz, Paul Singer, Bluebell Capital Partners, Tiger Global Management, ExodusPoint Capital, Crowdstrike Holdings Inc (CRWD), aTyr Pharma Inc (LIFE), and More

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Crypto Billionaire Mike Novogratz Says Bitcoin Holding at $40,000 Shows the Market is in Good Shape – and Recommends Buying the Dip (Business Insider)
Billionaire crypto investor Mike Novogratz has said bitcoin holding firm at $40,000 during the recent sell-off is a good sign for the market, and recommended buying the dip in digital assets. Speaking after cryptocurrencies sold off sharply at the start of the week, Novogratz told CNBC earlier this week that he thought the market remained in good shape. Cryptocurrency prices rallied on Thursday, with bitcoin and ether rising along with altcoins.

Big Short’s Michael Burry Warns of the Biggest Market Bubble in History (Finder.com.au)
The famed investor who predicted the US housing market collapse and the GFC says we’re living in the “greatest speculative bubble of all time”. Could he be right again? When Michael Burry – the US hedge fund manager immortalised in The Big Short – talks, people listen. So it naturally rattled investors when he recently emerged from a 10-week Twitter hiatus to tweet: “People always ask me what is going on in the markets. It is simple. Greatest Speculative Bubble of All Time in All Things. By two orders of magnitude.

After 21 Years Of Marriage Without A Prenup Hedge Fund Billionaire John Paulson Is Facing An Epic Divorce (Celebrity Net Worth)
Prior to 2007, John Paulson was an obscure hedge fund manager who probably couldn’t have booked an appearance on CNBC. CNBC should have booked Paulson because at that time he was sitting on one of the most profitable bets in Wall Street history. Through his hedge fund, Paulson & Company, John made a massive bet against the US housing market. When the market imploded about a year later his fund made $20 billion. Roughly $4 billion went straight into John’s personal pockets. The bet made John a Wall Street legend. Books have been written about that one bet. Literally a book about John’s bet is called “The Greatest Trade Ever.”

Covalis Capital's Returns, AUM and Holdings


Activist Bluebell Raises Pressure on Glaxo CEO Walmsley (Bloomberg)
Activist hedge fund Bluebell Capital Partners turned up the pressure on GlaxoSmithKline Plc Chief Executive Officer Emma Walmsley, questioning her leadership of the U.K. drugmaker after following Elliott Investment Management in buying a stake. Bluebell called on Glaxo to run an internal and external search for a candidate to lead Glaxo after a spinoff of its consumer health division next year — a job Walmsley wants to keep.

MAM Launches Operations (Hedge Nordic)
Stockholm (HedgeNordic) – In early 2021, Sampo Group-owned life insurer and asset manager Mandatum Life announced plans to merge Sampo’s and its own asset management operations into a separate business. The new business entity, Mandatum Asset Management (MAM), launched its operations with its new structure in place at the beginning of September after Sampo’s investment operations transferred to the new company.

Global Hedge Fund Industry Assets Surge to Record Levels at $4.4tn (Opalesque)
Global hedge fund industry assets have surged to USD4.4 trillion, with hedge funds raking in USD18.3 billion of new inflows from allocators during July, as managers scored a USD7.3 billion trading profit for the month. “A $7.3 billion trading profit for the month brought total hedge funds assets to more than $4.40 trillion as July ended,” said BarclayHedge. According to the Barclay Fund Flow Indicator published by BarclayHedge, the hedge fund industry continued adding to assets in July with $18.3 billion in inflows and the month’s inflows represented 0.4% of industry assets. Meanwhile, August marked the industry’s fifth consecutive month of inflows, coming on the heels of $16.6 billion in June, $36 billion in May, $23.3 billion in April, and $19.1 billion in March.

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