funds

Hedge funds “dead” for super rich investors, Tiger 21 data shows major shift towards index funds and private equity

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Miami, Florida – Hedge funds are losing their appeal among high-net-worth investors, according to Michael Sonnenfeldt, founder and chairman of Tiger 21, a network of ultra-wealthy individuals and entrepreneurs. Over the past 16 years, Tiger 21 members have drastically reduced their allocation to hedge funds from 12% to just 2%. Sonnenfeldt described hedge funds as “dead as a doornail” in the eyes of his network’s affluent members. Instead of hedge funds, these high-net-worth investors are …

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Legal fees draining Trump’s PAC funds – Is the money running out?

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Washington, D.C. – Former President Donald Trump’s political action committee (PAC) has reportedly been depleting its funds by spending millions on his legal fees. This has raised concerns about the financial health of the PAC as it may be running out of money. The PAC, which has been used to fund Trump’s legal battles, has seen a significant drain on its resources as legal bills continue to mount. Reports indicate that millions have already been …

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Embezzlement Scandal Rocks Former Michigan House Speaker: Luxury Lifestyle Funded by Public and Private Funds

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LANSING, Michigan – Former Michigan House Speaker Lee Chatfield faces felony charges for allegedly embezzling public and private funds alongside his wife, Stephanie. Attorney General Dana Nessel announced the charges on Tuesday, accusing Chatfield, 35, of leading a lavish lifestyle fueled by funds misappropriated for fine dining, luxury hotels, and exotic trips. The charges against Chatfield include embezzlement, conspiracy, and larceny, with the most serious charge of conducting a criminal enterprise carrying a 20-year penalty. …

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Baltimore Bridge Receives $60 Million for Reconstruction – Huge Federal Funds Incoming!

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Baltimore, Maryland – The city of Baltimore is set to receive $60 million in federal funds to aid in the reconstruction efforts after the collapse of the Francis Scott Key Bridge. This significant allocation aims to support the city in clearing debris, initiating the rebuilding process, and restoring the vital transportation link that connects various communities. Following the tragic collapse, crews have begun the challenging task of lifting sections of the collapsed bridge to allow …

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Bitcoin Investors Panic as Nearly $1 Billion Pulled from Crypto Funds – Is the Bull Run Over?

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New York, NY: Investors in the cryptocurrency market saw a sharp shift last week as nearly $1 billion was withdrawn from digital asset investment products. This significant outflow comes after a sustained period of gains in the market. According to a recent report from CoinShares, a total of $942 million left funds that provide exposure to major cryptocurrencies like Bitcoin, Ethereum, Solana, and Cardano. The hesitation among investors was driven by a notable decline in …

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Nvidia Stock Selloff: Cathie Wood Cuts Ties with Taiwan Semiconductor – What’s Next for Ark Funds?

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NEW YORK, NY – Renowned investor Cathie Wood made headlines recently by selling shares of Taiwan Semiconductor Manufacturing Corp. for the first time in over two years. This move is seen as part of a larger strategy to reduce exposure in the chipmaker’s main client, Nvidia Corp. Ark Autonomous Technology and Robotics ETF, managed by Ark Investment Management LLC, sold a substantial number of American depositary receipts of Taiwan’s largest company, TSMC. This marked the …

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Exclusive: Peter Thiel’s Founders Fund’s $200 Million Crypto Investment Before Bull Run Revealed!

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San Francisco, California – The venture capital firm Founders Fund, co-founded by billionaire Peter Thiel, reportedly made a substantial $200 million investment in cryptocurrency before the recent market surge. This significant investment took place before what is now being referred to as the bull run in the cryptocurrency market. The investment, which was made in both Bitcoin and Ethereum, is said to have occurred before the recent surge in the value of these digital assets. …

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Elon Musk Funds Actress Gina Carano’s Lawsuit Against Disney Over “The Mandalorian” Firing

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Los Angeles, CA – Actress Gina Carano has filed a lawsuit against Disney over her firing from “The Mandalorian” TV show, with funding from Elon Musk. Musk, who recently purchased Twitter and rebranded it as X, has pledged to financially support individuals he believes have been unfairly treated by their employers due to their social media activity. Carano’s lawsuit seeks damages and a reinstatement to her role on the Emmy-winning TV show. Carano, known for …

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