If management is able to increase Brookfield Asset Management's fee-bearing capital as it hopes, the company will be roughly twice the size it is today in five years.

In this piece, we will take a look at billionaire Jeff Vinik’s stock picks and 10-year performance. If you want to skip our introduction to the investor, his background, and how some investments ...

McKinsey on The Great Reset Photo credit: McKinsey What is the new normal? Both investors and asset managers are resetting investing in 2022’s new environment—in the first six months of this ...

That said, Vinik said he’d be likely pick the brains of Arctos’ stable of advisors on topics not directly related to Lightning management, such as sports media or NFTs.

Vinik said yesterday that he is leaving to start his own firm, Vinik Asset Management, which will provide investment management services to select institutional and private clients.

While he lost his title as manager of the nation’s largest mutual fund, Fidelity Magellan, industry observers say he is having little trouble raising money for his new firm, Vinik Asset Management.

That is a clear change from the heady days of 1996 when Vinik's reputation created such a buzz that he raised $800 million on the first day of the original Vinik Asset Management and closed to new ...

Vinik previously ran Fidelity’s flagship Magellan Fund. His own company, Vinik Asset Management, shut down shortly after he moved to Tampa, Fla., in 2012.

Money manager Jeffrey Vinik said on Wednesday he was shutting down his stock-picking hedge fund, citing unexpected difficulties raising cash for the decision to end a much-hyped but short-lived ...

Two decades ago, his reputation was so strong that Vinik Asset Management pulled in $800 million on its first day, enough to stop further fund raising immediately. But times have changed.

Vinik has run the money-management firm on and off for the last two decades. Tampa Bay Lightning owner Jeff Vinik is shuttering the hedge fund he relaunched in early 2019.

Tampa Bay Lightning owner and financier Jeff Vinik told investors in a letter Tuesday that he is closing Vinik Asset Management, the hedge fund he relaunched earlier this year.