Jim Iuorio, for CME Group At a Glance| www.institutionalinvestor.com
It wasn’t just Bill Hwang’s Archegos Capital that got battered by a Friday market implosion. Another secretive Tiger Cub — Tao Li of Teng Yue Partners — was also involved, according to an investor in the fund. Hwang, the founder of now-defunct hedge fund Tiger Asia, ran a heavily leveraged family office and was reportedly the key figure in $35 billion in market losses Friday that sent Discovery, ViacomCBS, and GSX Techedu reeling.| www.institutionalinvestor.com
Industry Insights| www.institutionalinvestor.com
Brian Drainville, for Fidelity InvestmentsKey takeaways| www.institutionalinvestor.com
Emily Balsamo, CME Group At a Glance:| www.institutionalinvestor.com
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