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Jeffrey Tarrant, a leading hedge fund investor who backed managers including Bill Ackman and Marc Lasry before they were stars, has died. He was 63.
Tarrant died on Aug. 5 at his home in Bridgehampton, New York, from a brain tumor that was first diagnosed and treated in 2017, according to a statement Wednesday from Protege Partners, the firm he founded...
Antarctica Capital, which runs a $2 billion private equity fund, is crafting a debt-focused hedge fund.
The New York firm plans to launch the vehicle in the fourth quarter with $50 million to $100 million. Antarctica recently hired two veteran debt investors, and now is in the process of selecting a prime broker and other service providers...
Some billionaire hedge-fund managers buy sports teams. Richard Perry snapped up one of New York’s most influential luxury department-store chains.
Mr. Perry’s passion project—Barneys New York Inc.—filed for chapter 11 bankruptcy protection Tuesday with plans to close 15 of its 22 stores and with new financing that gives it time to find a buyer. Barneys’ troubles reflect the litany of woes hurting retailers across the U.S.: The company faced a sky-high rent increase and ran into difficulty navigating the rise of e-commerce...
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