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Hema Parmar

Stay informed with Hema Parmar’s coverage and analysis.

Ricky Sandler shuttering Eminence Capital after 27-year run
InvestingRicky Sandler shuttering Eminence Capital after 27-year run
By Hema Parmar, Zeke Faux and BloombergApril 24, 2026
Ken Griffin’s Citadel has outperformed many hedge funds and boosted its assets to $63 billion — now it plans to return $7 billion to clients
FinanceKen Griffin’s Citadel has outperformed many hedge funds and boosted its assets to $63 billion — now it plans to return $7 billion to clients
By Hema Parmar and BloombergDecember 12, 2023
Short-seller Jim Chanos, who cashed in by betting on Enron’s infamous collapse, to close his hedge funds after 38 years
FinanceShort-seller Jim Chanos, who cashed in by betting on Enron’s infamous collapse, to close his hedge funds after 38 years
By Hema Parmar and BloombergNovember 17, 2023
Billionaire Steve Cohen predicts a short ‘fake scare’ recession this year followed by a stock market rebound
FinanceBillionaire Steve Cohen predicts a short ‘fake scare’ recession this year followed by a stock market rebound
By Hema Parmar and BloombergOctober 26, 2023
Hedge fund sued for ‘misogynistic’ culture that included ‘inappropriate conduct’ and ‘bawdy jokes’
FinanceHedge fund sued for ‘misogynistic’ culture that included ‘inappropriate conduct’ and ‘bawdy jokes’
By Hema Parmar and BloombergAugust 17, 2023
Cofounders of a $60 billion hedge fund disagree about nearly everything and it’s created a ‘material risk’ for their clients
FinanceCofounders of a $60 billion hedge fund disagree about nearly everything and it’s created a ‘material risk’ for their clients
By Hema Parmar and BloombergJune 20, 2023
Jerome Powell, Gary Gensler
FinanceHedge funds are exploiting a shadowy trade to cash in on the debt crisis and the SEC and Fed are questioning prime brokers, sources say
By Sonali Basak, Liz Capo McCormick, Lydia Beyoud, Hema Parmar and BloombergMay 26, 2023
Michael Burry bought up millions worth of troubled regional bank stock last quarter including First Republic
FinanceMichael Burry bought up millions worth of troubled regional bank stock last quarter including First Republic
By Hema Parmar and BloombergMay 15, 2023
Tom Brady and other super wealthy investors lost big money in FTX’s collapse
The CoinsTom Brady and other super wealthy investors lost big money in FTX’s collapse
By Hema Parmar, Gillian Tan and BloombergNovember 9, 2022
Inside the ugly dispute between a hedge fund and its founder, who elevated his kids’ former camp counselor to CEO
LeadershipInside the ugly dispute between a hedge fund and its founder, who elevated his kids’ former camp counselor to CEO
By Jef Feeley, Hema Parmar and BloombergOctober 22, 2022
Julian Robertson
FinanceJulian Robertson, the hedge fund billionaire who fathered a whole ambush of ‘Tiger Cubs,’ dies at 90
By Katherine Burton, Hema Parmar, David Henry and BloombergAugust 23, 2022
Gabe Plotkin, chief investment officer and portfolio manager of Melvin Capital
FinanceOnce high-flying hedge fund Melvin Capital to liquidate funds after huge losses
By Hema Parmar and BloombergMay 18, 2022
All that empty Manhattan office space is getting gobbled up by Wall Street firms
FinanceAll that empty Manhattan office space is getting gobbled up by Wall Street firms
By Natalie Wong, Hema Parmar and BloombergMay 10, 2022
Beijing’s crackdown is scaring major funds away from putting ‘money into China right now’
FinanceBeijing’s crackdown is scaring major funds away from putting ‘money into China right now’
By Nishant Kumar, Hema Parmar, Akayla Gardner and BloombergOctober 6, 2021
Citadel’s founder says those early in their career ‘are making a grave mistake’ if they work from home
HealthCitadel’s founder says those early in their career ‘are making a grave mistake’ if they work from home
By Alan Mirabella, Hema Parmar and BloombergOctober 5, 2021
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Economy
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