Monday, 29 March 2021

Big Block Trades Signal Sell-Off Linked to Family Office Archegos run by Bill Hwang

An approximate $30bn of block trades executed through GS, MS and Deutsche Bank is believed to be linked to family office of Bill Hwang. Tencent, Baidu and GSX (Chinese EdTech) were among the names sold. Bill previously founded and managed Tiger Asia Management in 2001 converting his fund into a family office in 2013, following insider trading charges in 2012.

Tuesday, 16 March 2021

Who is Lex Greensill of Supply Chain Finance Fame?

Lex Greensill founded Greensill Capital in 2011 in Norwich, England.  The company, focused on supply chain finance and derivatives, and backed by Softbank's Vision Fund, filed for insolvency protection on 8 March 2021.