Soros is founder of the Quantum Fund, long one of the world's largest hedge funds. In mid-2011, Soros said he would return money to his outside investors and turn Soros Fund Management into a family office to manage his personal fortune. It also handles the multibillion-dollar endowments of his philanthropic organizations and those of his relatives.
This week’s notable deaths included an Oscar-winning child star who kept working into his 90s; one of Canada’s longest-serving finance ministers who stepped down last month to work in the private sector; and a model and U.K. television personality whose punk rocker father staged concerts to raise money for famine relief. Below are summaries of these and other obituaries from the past week.
Dirk Van Dongen has raised money for Republican presidential candidates for three decades and will be a financial force for Florida Senator Marco Rubio’s 2016 presidential campaign –- if Jeb Bush doesn’t run.
Aurigen Capital Ltd., the reinsurer backed by billionaire George Soros, is seeking to raise about C$225 million ($206 million) in the biggest initial public offering in Canada this year, according to two people familiar with the transaction.
Teva Pharmaceutical Industries Ltd.’s surge to a three-year high is creating a windfall for billionaire George Soros after he lifted the Israeli drugmaker above Microsoft Corp. to become the biggest holding in his fund.
Pangaea REIC, the real estate investment trust owned by Invel Real Estate Partners and the National Bank of Greece SA, aims to raise about 1 billion euros ($1.4 billion) to invest in Greece and Italy, three people with knowledge of the matter said.
Fomento de Construcciones y Contratas SA, the Spanish builder that counts Bill Gates and George Soros among investors, got support from almost all its lenders for a 4.5 billion-euro ($6.2 billion) refinancing deal.
Fomento de Construcciones y Contratas SA, the Spanish builder that counts Bill Gates and George Soros among investors, rose in Madrid after Expansion newspaper said the company expects to announce a refinancing agreement today.