Point72, the hedge fund firm run by billionaire investor Steve Cohn is to redeem the $750 million it invested in Melvin Capital, according to a report by Bloomberg.
Host-Plus Pty., a $55 billion Australian pension fund, has pledged to make its portfolio carbon neutral by 2050, following growing pressure from its members who include young cafe and bar workers.
Alexis Ohanian, Reddit cofounder, venture capitalist, and enthusiastic Twitter user, quietly announced a new initiative last week out of his venture firm, Seven Seven Six (776): the 776 Titans Fund.