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Asset Management Startup Pagaya Raises $14M From Former American Express CEO, Others
Thursday, August 30, 2018 - 7:21am | 364Pagaya, a fintech startup that uses proprietary artificial intelligence to allow institutional investors to access new asset classes like consumer credit, raised a $14-million Series B round from venture capital fund Oak HC/FT and former American Express Company (NYSE: AXP) CEO Harvey Golub....
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Elliot Management Urges Hess Spinoff of Bakken Assets, Shares Spike Higher
Tuesday, January 29, 2013 - 11:34am | 415Elliot Management's Paul Singer urged Hess (NYSE: HES) to conduct a full strategic review of the company, including the possibility of selling the company's Bakken Shale assets. Singer, the noted activist investor, wrote a letter to shareholders Tuesday urging them to accept five new board...