David Abrams is the best hedge fund manager you've never heard of. Having trained under Seth Klarman at Baupost in the 1980's, in the early 1990s, he left to set up his own enterprise, Abrams Capital. The rest, as they say, is history. Since setting up his business, it is reported that the Klarman-cub has he achieved analyzed returns of around 15% for his investors after deducting fees. […] Read More
Initial Public Offering (IPO) activity dropped significantly in the first half of 2022, with just 92 companies going public, raising just under $9 billion. In comparison, 1073 companies went public in 2021, raising $317 billion, according to the data from FactSet. As of now, the IPO market is expected to remain lackluster in the second […] Read More
With an estimated $163 billion in COVID relief unemployment benefits lost to fraud and improper payments, House Republicans have proposed a way to claw some of it back: Encourage states to chase down the fraudulent payments and let them keep part of the cash. Read More
"Davidson" submits: Q2 2022 hedge fund letters, conferences and more Read More
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