Soros Fund Management
Private investment firm
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November 2024 | Closed its Hong Kong Office. |
February 2024 | Emerged as the largest creditor in Audacy's Chapter 11 bankruptcy, holding over $400 million of highest-ranking debt to be converted into equity. |
November 2020 | Disclosed holding 1% Class A shares in Palantir Technologies and began selling shares due to disagreement with the company's business practices. |
April 2020 | Provided series A funding of $13.2 million to Amply Power, a fleet charging solutions company, alongside other investors. |
January 2020 | George Soros announced a $1 billion commitment to launch the Open Society University Network at the World Economic Forum, focusing on climate change and authoritarian governments research. |
August 2019 | Increased its stake in Manolete Partners Plc to 11.67%. |
June 2019 | Led an investment of $250 million in Vice Media. |
May 2019 | Soros Fund Management built a 3% stake in Swiss asset manager GAM. |
June 2018 | The firm owned 15% of Justify, the horse that won the Triple Crown (Preakness Stakes, Kentucky Derby, and Belmont Stakes) through SF Bloodstock and SF Racing Group. |
2017 | Dawn Fitzpatrick replaced Ted Burdick as the chief investment officer of Soros Fund Management. |
June 2017 | Robert Soros stepped down from his roles as deputy chairman and president of Soros Fund Management, with David Milich assuming most of his responsibilities. |
2016 | Soros Fund Management donated over $10 million to Hillary Clinton's presidential campaign through super PACs. |
September 2016 | Soros Fund Management advised a private investment fund that injected $305 million into SolarCity, facilitating Elon Musk's merger of SolarCity with Tesla. |
2011 | Partnered with Silver Lake Partners to create Silver Lake Kraftwerk, a fund focusing on investing in natural resource and energy companies. |
2011 | The firm was ranked sixth on Institutional Investor's Hedge Fund 100 list with $27.9 billion in assets under management. |
July 2011 | Announced plans to return nearly $1 billion to investors by the end of 2011 to avoid Dodd-Frank reporting requirements and focus on family investments. |
July 2011 | Chief Investment Officer Keith Anderson, co-founder of BlackRock, left the firm. |
2010 | The company was reported to have created $32 billion in profits since 1973, establishing itself as one of the top profit-making hedge funds in the industry. |
2010 | Soros Fund Management was reported to have achieved an impressive 20% annual rate of return over four decades, solidifying its reputation as a highly successful investment firm. |
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