New York Congressmen favor opening the economy, decline to comment on unjust guardianships of the adults and elderly

Although the Biden Administration dismissed the idea of mandatory COVID-19 vaccine passports, New York Congressman Ritchie Torres is in favor of the Orwellian measure. Torres is a freshman Democratic Congressman representing the South Bronx of New York. “We should not act as if everyone has to be in a state of lockdown,” Torres told journalists…

Where Glenview Founder Larry Robbins Is Bullish on Covid-19 Vaccine Optimism

Glenview Capital Management founder Larry Robbins is upbeat about the development of Covid-19 vaccines, making him optimistic about some sectors but still wary of others. “For the first time in this battle, in the last several weeks there’s been real light at the end of the tunnel,” Robbins said Thursday at the New York Alternative…

Billionaire Avenue Capital founder Marc Lasry says the decision to pay hundreds of millions to buy the Milwaukee Bucks 6 years ago was ‘the best investment I’ve ever made’

Billionaire Marc Lasry said he thought he was going to be a professional basketball player when he was a kid. While he played in college for one season at Clark University in Massachusetts, the founder of Avenue Capital ended up going to law school and then making billions of dollars as an investor. But he…

Hedge Fund Manager Leon Cooperman Calls Private Equity A Scam

Legendary hedge-fund manager Leon Cooperman wasn’t pulling any punches as he sat for an interview in front of about 100 members of the hedge fund industry. First he lambasted the Securities and Exchange Commission (SEC), calling it abusive and mean. Then someone asked what he thought of private equity. “I think private equity is a…

Billionaire Leon Cooperman Can’t Stop Talking About How Cheap These 5 Stocks Are

I listened to Leon Cooperman’s talk at an event hosted by the New York Alternative Investment Roundtable. There were a few members of the media present at the event and they decided that the most interesting part of Cooperman’s talk was his comments regarding the private equity industry. “I think it’s a scam personally” Cooperman…

Leon Cooperman Warns Private Equity Is Risky Bet Fueled by Low Interest Rates

Legendary hedge fund manager Leon Cooperman took a shot at the private equity industry, saying low interest rates that have fueled its returns won’t last. “I think it’s a scam personally,” Cooperman said Wednesday at an event hosted by the New York Alternative Investment Roundtable. Cooperman said declining rates are the main reason that leveraged…

Leon Cooperman Warns Private Equity Is a Risky Bet Fueled by Low Interest Rates

Legendary hedge fund manager Leon Cooperman took a shot at the private equity industry, saying low interest rates that have fueled its returns won’t last. “I think it’s a scam personally,” Cooperman said Wednesday at an event hosted by the New York Alternative Investment Roundtable. With interest rates likely to rise over the next few…

New York Alternative Investment Roundtable announces management committee and officer changes

Opalesque Industry Update – The New York Alternative Investment Roundtable is proud to announce that Alessandra (Ali) Tocco has been named the organization’s new president, as of September 1. As President, Tocco will continue to work with the current and outgoing president, Adam Weinstein, to transition all duties. The Roundtable is also proud to announce…

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