Ex-GIC Commodity Trader Seeking $300 Million for Windrise Fund
Former GIC commodity trader Hao Dong is launching a hedge fund called Windrise, aiming to raise $300 million for investments in raw materials.
Hao Dong, a former commodity portfolio manager at Singapore’s sovereign wealth fund GIC Pte., is starting a hedge fund that is seeking to raise as much as $300 million to invest in raw materials and other assets.
READ NEXT
More on the wire
FROM THE PUBLISHER
Election forecaster Sabato's Crystal Ball on Tuesday shifted 11 House seats toward Democrats as the country inches closer to the November midterm elections. The forecaster's report shifted the race for Virginia's 1st Congressional District, led by Rep. Rob Wittman (R-Va.), from leaning Republican to a toss-up. Wittman is considered a strong incumbent, with his Democratic...
AI TLDR
The White House is issuing $500 refund checks to approximately 950,000 Americans who were overcharged for ObamaCare insurance. The payments affect residents across 30 states using the federal healthcare.gov marketplace.
AI TLDR
A minority owner of the Sacramento Kings has reached a settlement with the widow of a California Highway Patrol officer killed in a 2024 crash. The settlement involves a significant financial payment.