Hedge Fund Collects $3 Billion in Bet on Wildfire Insurance Claims August 24, 2020 By Michael McDonald and Mark Chediak Baupost Group, the hedge fund run by Seth Klarman, received more than $3 billion in July from its bet on...
Dorian Drowned People Taking Refuge in Attics with Its Storm-Surge of 20-25 Feet September 12, 2019 By Michael McDonald and Ezra Fieser Teams of dog handlers from the U.S., Canada and Belgium are uncovering more and more dead bodies among the debris...
Powerful Hurricane Dorian Brings ‘Historic Tragedy’ to Bahamas September 2, 2019 By Michael McDonald The Bahamas suffered at least five deaths and “unprecedented and extensive” devastation as the most powerful storm in its history...
Harvard University Invests in Litigation Finance Fund July 12, 2019 By Michael McDonald Harvard University is committing more capital to a strategy that backs plaintiffs in commercial disputes, delivering robust uncorrelated returns. The...
University of Virginia Fraternities to Be Reinstated Jan. 9 December 9, 2014 By Lisa Wolfson and Michael McDonald The University of Virginia will lift a ban on its more than 30 fraternities and related activities, in place since...