Lawrence Delevingne, NBR, CNBC.com’s Posts

vocational school

Facing overwhelming amounts of student debt, more millennials are considering alternatives, like vocational school.

chian currency

China’s market turmoil put the spotlight on a quirk of the mainland’s currency: the offshore yuan isn’t always in tune with its onshore peer.

David Grogan | CNBC

Carl Icahn’s big bet on Apple is now one of the greatest trades of all time. Icahn has made about $3.4 billion on the technology company since he first tweeted about the position on Aug. 13, 2013, according to a CNBC analysis of public ownership disclosures and stock prices. ( Tweet this ) That gain …

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Major private equity fund managers, including several billionaires, gave their best investment idea at the Milken Institute Global Conference. Speaking in Los Angeles on Monday, each revealed what they thought was the surest way to make money by investing in private assets. Read More Trust robots with money, not ’emotional’ humans Steve Schwarzman, chairman, CEO and …

Adam Jeffery | CNBC
Cliff Robbins, founder Blue Harbor Group.

Activist investor Clifton Robbins thinks buying stock in Investors Bancorp is a near-sure way to make money. “This is one of the best risk return investments I’ve seen,” the CEO of hedge fund Blue Harbour Group said Monday at the 13D Monitor Active-Passive Investor Summit in New York. Blue Harbour is a $3.7 billion hedge …

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Kraft and Heinz products are shown in Chicago, March 25, 2015.

Private equity investments have finally slowed, but it’s not necessarily permanent. Despite high profile, multibillion dollar plays like Cerberus Capital Management buying Safeway or BC Partners taking over PetSmart, there were just 668 PE fund investments made in the last quarter in North America, the lowest total since the third quarter of 2011, according to …

Richard Ellis | Getty Images
Former Florida Governor Jeb Bush

Ted Cruz made no mistake in highlighting his opposition to a set of educational standards known as Common Core in his first presidential campaign speech. “Instead of a federal government that seeks to dictate school curriculum through Common Core,” he said to applause from the Liberty University crowd on March 23, “imagine repealing every word …

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David Siegel, co-founder of Two Sigma.

Hungry for returns, investors are giving more new hedge funds a test drive. Funds based in the Americas that launched in 2014 pulled in $34.1 billion, the highest annual total since $39.5 billion was raised in 2004, according to new research from industry news and data provider Absolute Return. The money was spread out over 84 …

Rob Friedman | Getty Images

Wall Street has a clear message for CEOs: start spending all that cash. Nearly three-quarters of financial industry professionals think companies have “too much cash” or “way too much cash” rotting in the bank, according to the Convergex Corporate Cash Survey obtained Tuesday by CNBC.com. The technology sector was singled out as the most in …

Patrick Bucci | CNBC
Ray Dalio speaks with CNBC at the 2014 WEF in Davos, Switzerland.

Prominent economic thinkers in Davos believe the U.S. economy is strong, but its ability to deal with the next crisis is in doubt. “The U.S. is growing and I think that’s a non-debatable fact,” Gary Cohn, president of Goldman Sachs, said Thursday at the World Economic Forum in Switzerland. “What I am concerned about is …

David Grogan | CNBC
Michael Novogratz

If hedge funds and Japan dated, it might be called an on-again, off-again relationship. Investors famously shorted Japanese government bonds, or JGBs, a few years ago but got burned; the bearish trade was dubbed the “widow-maker.” The next big play was a bullish one on local stocks rising and the yen falling, which made tons …

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A trader works on the floor of the New York Stock Exchange.

Hedge funds designed to protect against falling and volatile markets have made a strong pitch to investors: Trust us with your money, and we’ll make lots of it for you when years of relatively smooth, positive stock returns inevitably end. The beginning of the end—or at least a temporary market pullback, depending on whom you …

Ken James | Bloomberg | Getty Images
The offices of the California Public Employees' Retirement System (Calpers) are shown in Sacramento, Calif.

Investors looking to follow the strategies of hedge fund heavyweights were the big winners when a major pension plan announced last week that it was cutting a $4 billion slate of high-cost managers, according to industry experts. The California Public Employees’ Retirement System is the largest public pension manager in the U.S., so its move …

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The California Public Employees' Retirement System building in Sacramento, Calif.

A high-profile hedge fund exodus from a huge pension manager does not appear likely to spark a major movement. Pensions, investment consultants and other money managers at an industry conference this week dismissed the idea that the California Public Employees’ Retirement System’s decision to cut a $4 billion slate of hedge funds would stall the …

Jacob Wackerhausen | Getty Images

A hedge fund manager is the latest to embark on one of the most ancient of human quests: immortality. Joon Yun, president of $1 billion health care-focused Palo Alto Investors, announced a new prize last week that will award $1 million to researchers who can “hack the code of life and cure aging.” “The current …