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Alternative Investments

Billionaire Sports Owner Harris Builds New $5 Billion Investment Firm

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Josh Harris, owner of the Philadelphia 76ers and New Jersey Devils, has been planning to start a firm for about a year.

Bankman-Fried Says His Crypto Bailouts Had ‘Mixed Results'

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With bitcoin prices hovering near $20,000, Sam Bankman-Fried said it could always be worse.

Carried-Interest Tax Provision Safe, But Only For Now

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There's still a strong sentiment in Congress that the tax break needs to be reduced or eliminated.

NFT Prices Diverge Sharply As Ethereum 'Merge' Mania Intensifies

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Investors have piled into ether ahead of a software upgrade.

Lambo Dealers Are Keeping Warm Despite Crypto Winter

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The recent crash in the price of crypto has flooded second-hand markets with other luxury goods.

Bill Ackman Donates $18,000 For Toddler Orphaned In Highland Park Shooting

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In the aftermath of the shooting, Ackman took to Twitter to decry the mass shootings in the U.S.

Leon Black's Family Office Hires JPMorgan Executive For VC Bets

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The controversial investor maintains a stake of about $4 billion in Apollo Global Management.

Crypto Billionaires' Vast Wealth Destroyed In Weeks Amid Turmoil

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Those who built their fortunes on crypto are learning they can also lose those fortunes in crypto.

Allium Financial Names Alternatives Specialist As CIO

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Scott Thompson has 25 years of experience in alternative assets.

Plotkin Apologizes For Fund Reboot As Clients Await Better Plan

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Melvin Capital's founder must figure out a fresh strategy to revitalize the firm's fortunes.

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