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"Massive Culling" Imminent For Alt Managers, Soros Fund CEO Warns
"Massive Culling" Imminent For Alt Managers, Soros Fund CEO Warns
Authored by Lance Roberts via RealInvestmentAdvice.com,
Dawn Fitzpatrick says overallocated LPs, frozen distributions, and mounting margin-call risk are converging into a sector-wide shakeout. Such will eventually separate survivors from the casualties. I used Claude to source data on private credit and equity funds, sources disclosed at the end.
In July 2024, I penned an article entitled “Private Equity: Why Am I So Lucky,” which began with:
“Lately, I have been getting many questions about investing in private equity. Such is common during raging bull markets, as individuals seek higher rates...
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Apr 17, 2026 / Tyler Durden
More Young Men Than Young Women Now Say Religion Is 'Very Important' To Them, Gallup Finds
More Young Men Than Young Women Now Say Religion Is 'Very Important' To Them, Gallup Finds
Authored by Mark A. Kellner via The Epoch Times (emphasis ours),
Young men in the United States are more religious than young women for the first time in 25 years, according to a Gallup poll released on Thursday.
A man reads scripture while viewing the casket of Reverend Billy Graham in the U.S. Capitol Rotunda in Washington, DC, on Feb. 28, 2018. Alex Edelman/AFP via Getty Images
The data show that 42 percent of men aged 18...
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Mar 12, 2026 / Tyler Durden
Musk Whips Out 'Macrohard' In Disruptive Tesla-xAI Bid To Shaft Software Companies
Musk Whips Out 'Macrohard' In Disruptive Tesla-xAI Bid To Shaft Software Companies
Elon Musk on Wednesday announced a joint project between Tesla and his AI startup xAI, which he dubbed "Macrohard" or "Digital Optimus" that can 'basically automate entire companies' by observing and intelligently simulating their functions.
The way it works, per a Wednesday post on X:
"Grok is the master conductor/navigator with deep understanding of the world to direct digital Optimus, which is processing and actioning the past 5 secs of real-time computer screen video and keyboard/mouse actions. Grok is like a much...
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Apr 28, 2026 / Tyler Durden
US Energy Chief Says Hormuz Can Reopen Without Clearing All Mines, Warns Iran Shut-ins Could Be Devastating
US Energy Chief Says Hormuz Can Reopen Without Clearing All Mines, Warns Iran Shut-ins Could Be Devastating
US Energy Secretary Chris Wright said that not all mines placed by Iran in the Strait of Hormuz need to removed for ships to resume transiting the vital passageway: “You just need a pathway for ships to be moved in and out,” Wright said in an interview on the sidelines of the Three Seas Summit and Business Forum in Dubrovnik. “I think that can happen quickly” he added suggesting that a restart can happen...
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