Deven Parekh has co-run the heavyweight investment firm Insight Partners for 26 years. Unlike many VCs who are loud on X and seem to live on podcasts, Parekh and Insight Partners tend to lay low. In this sit-down with TechCrunch at its StrictlyVC event on Thursday night in New York, Parekh was refreshingly candid about
Multistrategy hedge funds’ returns were muted in August, though managers likely appreciated a quieter month after a turbulent July. Izzy Englander’s Millennium Management was flat in August, a person close to the manager told Business Insider, putting the firm’s 2026 gains at 8.2%. Balyasny lost 0.7% last month, according to a source familiar with the
Ken Griffin says his hedge fund has de-risked the majority of the Situational Awareness portfolio it acquired, according to a letter to investors obtained by Business Insider. The Citadel boss updated clients on the performance of Citadel Wellington Fund, the firm’s flagship multi-strategy fund that purchased a large portion of Situational Awareness’s investments last month
Langley said that, with clearly visible cameras in cities and neighbourhoods, the public increasingly, external sees the firm as an outlet for their growing concerns about privacy and technology, external. “Because you can see our cameras, it’s easier to get mad,” Langley said. In the US, there is no comprehensive law protecting or governing the
Fermi, the AI nuclear power firm, has named a new CEO more than three months after firing co-founder Toby Neugebauer from the top executive post. Fermi said Wednesday it has hired Lee McIntire, an independent member of the company’s board who has held chief executive positions at CH2M Hill and TerraPower, the nuclear power startup
McALLEN, Texas — A small Texas law firm with ties to the Trump administration declined a $150 million federal contract it was offered to represent migrant children traveling alone to the U.S., authorities said Wednesday, raising long-term questions about who would represent them. The administration last week announced plans to award the contract to the