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The biggest names in the hedge fund industry gave tens of millions to both parties in the 2018 midterms — here are the top donors

Hedge fund billionaires and their families made up some of the biggest individual donors in the 2018 midterms, according to a new report from non-profit Public Citizen.

An $84 billion hedge fund used Facebook’s struggles to build a massive stake

The hedge fund snapped up 2.47 million shares of the stock in the second quarter — at a valuation of $479.5 million — according to regulatory documents filed Tuesday. That stake comes to an average price of $194.13, if all of the shares were bought at once.

The $50 billion hedge fund cofounded by right-wing donor Bob Mercer has been crushing it

All three of its funds are up in the double digits this year.
Republican political strategists Nick Ayers and Kellyanne Conway with Rebekah Mercer at Trump Tower in 2016.

Major right-wing donor Bob Mercer is stepping down as co-CEO of his hedge fund and selling his stake in Breitbart

Hedgefund billionaire and major Republican donor Robert Mercer is stepping down from his position as co-CEO of Renaissance Technologies.

A secretive quant fund offered staff the rare opportunity to invest — and then delivered a bumper return

Renaissance Technologies' Medallion quant fund seems to be losing its mojo.

The Trump administration may have to decide whether to press one of his biggest backers on a contested $6.8 billion tax bill

Trump's administration takes over a Senate inquiry suggesting that the company of one of its biggest hedge fund backers avoided more than $6 billion in taxes.

A hedge fund millionaire took a stand for his anti-Trump beliefs, and he could lose his job

The man who created the trading system for Renaissance Technologies, has been pretty vocal about his boss' political outlook.

A secretive hedge fund firm that has legendary status on Wall Street is attracting new money

One of Renaissance Technologies' strategies, RIEF, gained about $4 billion last year on performance and new investor assets.