Katherine Burton

New York

Reporter at Bloomberg News

Hedge Fund Reporter at Bloomberg News

Hedge Funds etc. at Bloomberg News

Featured in: Favicon

bloomberg.com Favicon

msn.com

yahoo.com (+13) Favicon

latimes.com Favicon

ndtv.com

sfgate.com Favicon

smh.com.au Favicon

aljazeera.com Favicon

chicagotribune.com Favicon

stuff.co.nz + 87 more

Articles

Millennium Stake Sale Talks Value Hedge Fund at $14 Billion

1 week ago | news.bloomberglaw.com | Katherine Burton

Izzy Englander’s Millennium Management has been in discussions to sell a minority stake that values the hedge fund colossus at roughly $14 billion, according to a person familiar with the matter. The multistrategy firm is working with Goldman Sachs Group Inc. unit Petershill Partners to find potential buyers for a 10% to 15% stake, the person said, asking not to be identified because details of the deal discussions aren’t public.
Millennium Stake Sale Talks Value Hedge Fund at $14 Billion

1 week ago | bloomberg.com | Katherine Burton

Millennium Management CEO Izzy Englander(Bloomberg) -- Izzy Englander’s Millennium Management has been in discussions to sell a minority stake that values the hedge fund colossus at roughly $14 billion, according to a person familiar with the matter. The multistrategy firm is working with Goldman Sachs Group Inc. unit Petershill Partners to find potential buyers for a 10% to 15% stake, the person said, asking not to be identified because details of the deal discussions aren’t public.
Bill Ackman Aspires to Warren Buffet Future After MAGA Makeover

3 weeks ago | bloomberg.com | Annie Massa |Katherine Burton

Listen: Bill Ackman Aspires to Warren Buffet Future After MAGA MakeoverThe Wall Street billionaire remade himself into a very-online, Trump-loving culture warrior. Now he wants to be the next Warren Buffett. Last May, Bill Ackman made up his mind about the 2024 presidential election.
Goldman Eyes Biggest Fund Yet To Snap Up Discarded Buyout Stakes

3 weeks ago | fa-mag.com | Katherine Burton |Sridhar Natarajan |Preeti Singh

Goldman Sachs Group Inc. is embarking on its most ambitious effort yet to offer an exit ramp for investors trapped in buyout funds. The firm’s asset-management unit has been pitching investors on the 10th iteration of its flagship secondaries fund, seeking to top the $14.2 billion it brought in for the preceding vehicle, according to people with knowledge of the matter.
Goldman Eyes Biggest Fund Yet to Snap Up Discarded Buyout Stakes

3 weeks ago | news.bloomberglaw.com | Sridhar Natarajan |Preeti Singh |Katherine Burton

Goldman Sachs Group Inc. is embarking on its most ambitious effort yet to offer an exit ramp for investors trapped in buyout funds. The firm’s asset-management unit has been pitching investors on the 10th iteration of its flagship secondaries fund, seeking to top the $14.2 billion it brought in for the preceding vehicle, according to people with knowledge of the matter.
Goldman Eyes Biggest Fund Yet to Snap Up Discarded Buyout Stakes

3 weeks ago | bloomberg.com | Sridhar Natarajan |Preeti Singh |Katherine Burton

Goldman Sachs headquarters in New York. (Bloomberg) -- Goldman Sachs Group Inc. is embarking on its most ambitious effort yet to offer an exit ramp for investors trapped in buyout funds. The firm’s asset-management unit has been pitching investors on the 10th iteration of its flagship secondaries fund, seeking to top the $14.2 billion it brought in for the preceding vehicle, according to people with knowledge of the matter.
Steve Cohen Says Probability of US Recession Now Stands at 45%

1 month ago | news.bloomberglaw.com | Katherine Burton

Billionaire Steve Cohen said the chance of a recession in the US now stands at about 45%. “We aren’t in a recession yet, but we have significant slowing growth,” said the founder of hedge fund Point72 Asset Management, speaking Wednesday at the Sohn Investment Conference in New York.
Steve Cohen Says Probability of US Recession Now Stands at 45%

1 month ago | bloomberg.com | Katherine Burton

Steve Cohen(Bloomberg) -- Billionaire Steve Cohen said the chance of a recession in the US now stands at about 45%. “We aren’t in a recession yet, but we have significant slowing growth,” said the founder of hedge fund Point72 Asset Management, speaking Wednesday at the Sohn Investment Conference in New York.
Ex-Viking CIO’s Hedge Fund Expected to Top $1 Billion in Debut

1 month ago | bloomberg.com | Katherine Burton

Ning Jin(Bloomberg) -- Former Viking Global Investors Chief Investment Officer Ning Jin is expected to have at least $1 billion of client cash when he opens his global stock hedge fund in the fourth quarter, according to people familiar with the matter.
Walleye Cuts Credit, Commodities Teams to Focus on Core Groups

1 month ago | bloomberg.com | Katherine Burton

Buildings in the Manhattan skyline in New York, US, on Saturday, May 10, 2025. New York City officials cut their forecast for the number of international tourists this year by 17%, saying President Donald Trumps tariffs and hard-line policies on immigration are deterring visitors.