Bradley Saacks covers hedge funds and other asset managers for Business Insider from London. He first wrote about the multi-trillion-dollar industry for BI from New York, joining the publication in late 2018 after two years covering mutual funds for the Financial Times' trade publication Ignites.
He left Business Insider for a little over a year, starting in mid-2022, and worked as a business reporter for Semafor, a media startup. He rejoined BI, this time in the publication's London office, in 2023.A graduate of the University of North Carolina at Chapel Hill's School of Media and Journalism, he was the recipient of the O.J. Skipper Coffin Award, which is given to the top graduating senior in the reporting track.
During his time at BI, he has broken news on the biggest names in hedge funds, including Paul Singer's Elliott Management, Ken Griffin's Citadel, Seth Klarman's Baupost Group, and more. He is interested in telling stories about the people behind the scenes who are driving big changes at the biggest firms. He can be reached on WhatsApp and Signal at +1 919 816 5537.
Notable stories include:
"Tariffs are what you do in the death throes of a nation," Griffin said at a conference outside Miami.
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Ning Jin has made hires, picked a name for his new firm, and relayed to potential investors that the strategy can take on $1 billion.
Multistrategy hedge funds are bigger than ever. Some who have worked for the biggest brands are now advising others on how to work at them.
Jack Schwager's past books have included interviews with the likes of billionaire Paul Tudor Jones.
In a chaotic month for markets, the biggest hedge funds were able to grind out returns.
Fidelity's Contrafund values its SpaceX stake at over $2.7 billion, a significant increase in the company's valuation since its 2015 Series G.
Some of the biggest hedge fund managers have talked to Business Insider about what it takes to join their ranks. Here's what we know.
Carlyle-backed Yipit has added M Science's CEO, Michael Marrale, to its complaint in its latest legal filing.
Verifying trader performance has intensified alongside the hedge fund talent war — and the knowledge that PMs inflate their exploits to cash in.
Cohen, the owner of the New York Mets, spoke at a conference in Miami Tuesday.
Managers like Mala Gaonkar's SurgoCap Partners sold out of big-name US tech companies before the tech sell-off, filings show.
Regulatory filings for the biggest managers like Citadel and Point72 show that London and Hong Kong are where investing talent is concentrated.
Many of the biggest multistrategy hedge funds are headquartered outside the Big Apple, but New York is where they have the most talent.
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Laura Sterner, who helped raise billions for the firm's 2018 relaunch, had worked with Steve Cohen for close to a decade.
The Jefferies-owned M Science and the Carlyle-backed Yipit are suing each other, putting the alternative-data industry on high alert.
Here's how the asset manager founded by the Italian family dynasty — which owns Fiat and Ferrari — is different.
BlackRock set a record for net inflows in 2024, with more than $600 billion.
Brevan Howard Digital, mainly trading out of Abu Dhabi, is one of the bigger players in the crypto hedge fund space.
Despite the cofounders' long-running feud, Two Sigma seems to be humming along with sold returns in 2024— a win for the fund's investors.
Renaissance Technologies and Marshall Wace led quant hedge funds in 2024 with solid returns of over 20%.