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A GoFundMe was set up for James Van Der Beek’s family — ‘the extended fight against cancer have left the family out of funds’

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Actor James Van Der Beek’s wife, Kimberly, appears to have backed a GoFundMe in the wake of the “Dawson’s Creek” actor’s death on Wednesday from colorectal cancer.

The campaign — shared on both James and Kimberly’s Instagram stories — states the mother of the star’s six kids as the organizer.

The initiative, which had raised over $598,000 toward the 1 million target by 7:30 p.m., primarily called for donations to help cover 48-year-old Van Der Beek’s medical bills.

“In the wake of this loss, Kimberly and the children are facing an uncertain future,” the text of the GoFundMe said. “The costs of James’s medical care and the extended fight against cancer have left the family out of funds.”

It said the bereaved family is “working hard to stay in their home and to ensure the children can continue their education and maintain some stability during this incredibly difficult time.”

Van Der Beek’s wife announced his death on Instagram

The appeal went on to say that financial support from others would make a “world of difference” as Van Der Beek’s loved ones “navigate the road ahead.”

The money raised was said to help fund the family’s living expenses, pay bills, and support the kids’ education.

“Every donation, no matter the size, will help Kimberly and her family find hope and security as they rebuild their lives,” the GoFundMe said.

In her Instagram story, Kimberly wrote, “My friends created this link to support me and our children during this time. With gratitude and a broken heart.”


Kimberly and James Van Der Beek

Kimberly and James Van Der Beek on the red carpet.

Phillip Faraone/Getty Images



A spokesperson for GoFundMe told Business Insider, “We are working with the organizer to ensure funds safely reach the intended beneficiary.”

They added, “Funds are being held safely by our payment processor in the meantime.”

Kimberly announced her husband’s death on Instagram, saying, “Our beloved James David Van Der Beek passed peacefully this morning.

“He met his final days with courage, faith, and grace. There is much to share regarding his wishes, love for humanity, and the sacredness of time. Those days will come.

“For now we ask for peaceful privacy as we grieve our loving husband, father, son, brother, and friend.”

2 months ago, the star said he felt ‘strong’

Van Der Beek received his cancer diagnosis three years ago. He made his final public appearance on NBC in December when he seemed optimistic about his health.

“I feel much, much better than I did a couple months ago,” Van Der Beek told interviewer Craig Melvin.

He added, “It’s been a longer journey than I ever thought it would be. It’s required more of me — more patience, more discipline, more strength than I knew I had. I knew I was strong — I didn’t know I was this strong.”

The same month, the 90s heartthrob auctioned off personal memorabilia from the filming of “Dawson’s Creek” to help his family and meet bills for his cancer treatment.




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Here’s how hedge funds like Citadel, Point72, and Balyasny performed in January

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The biggest hedge funds in the $5 trillion industry started 2026 in the black, for the most part.

Steve Cohen’s $45.7 billion Point72 started the year strong with a 2.9% gain, a person close to the firm said.

Ken Griffin’s $65 billion Citadel returned 1% in its flagship Wellington fund in January, a person close to the Miami-based firm told Business Insider. Schonfeld also returned 1% in its flagship Partners fund last month, a person close to the firm said. Michael Gelband’s ExodusPoint, which had its best year in 2025, was up 1.8% in January, a person close to the manager said.

Multistrategy funds place bets across a diversified set of strategies to generate strong returns for investors. However, a trend started in 2025 seems to be continuing for some big names: Citadel and Schonfeld’s smaller funds outperformed their broader flagship offerings.

Citadel’s Tactical Trading fund, which blends its fundamental stockpicking strategies with its computer-run ones, was up 2% in January, a strong showing given the choppy start to the year quant funds have faced. The firm’s fixed-income-only fund was up 1.3%, the person close to the manager said.

Schonfeld’s Fundamental Equity fund was up 2.4% in January, and LMR’s convertibles-focused fund posted a 2.5% gain last month, people close to the two managers told Business Insider. Boothbay’s high-octane offering made 1.5% in January, while its flagship returned 1.3%, a person close to the New York-based firm said.

The S&P 500 index was up 1.4% last month, hitting all-time highs in the middle of January, before dipping slightly before the month’s end.

A bright spot in the industry was strategies focused on Asian markets. Two Asia-based multistrategy managers, $5 billion Dymon Asia and $3 billion Pinpoint Asset Management, had banner months, returning 5% and 4.8%, respectively.

For Pinpoint, it was the best monthly return since July 2020, a person close to the manager told Business Insider. Dymon Asia’s returns were driven by Asian equities and FX strategies, a senior executive at the firm told Business Insider.

Bobby Jain’s firm, meanwhile, continues to trail peers. At the start of the firm’s second full year of trading, Jain Global lost 0.9% in January, a person close to the manager said.

The firms mentioned declined to comment.

(Editor’s note: This story was originally published on February 2 at 12:33 p.m. New figures have been added to the table below as they have been learned.)




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China-focused hedge funds surged in 2025. Here’s who won big.

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At the start of 2025, alarms were blaring about the risk of investing in China.

A new protectionist administration was taking over in the US at the same time China’s domestic real estate market was teetering. A possible US ban on TikTok, the popular social media app, imperiled ByteDance, one of the country’s biggest tech companies. American companies seemed to have surged ahead of Chinese rivals in artificial intelligence development.

Twelve months later, and many of the biggest fears appear to be overblown. The Chinese government has focused on stimulating the economy, leading public companies to significantly increase their buybacks. ByteDance sold a majority stake in its US TikTok operations and is now more valuable than ever, with HSG, the venture capital firm formerly known as Sequoia China, valuing the company at between $350 billion and $370 billion recently. And China’s AI scene, led by startup DeepSeek, is keeping pace with Western peers, and Nvidia will be permitted to sell its powerful H200 chips to Chinese companies, the US government said Tuesday.

Hedge funds willing to invest in the country last year were rewarded. Bridgewater, which manages $92 billion across all its strategies, generated a 34.2% return in its China Total Returns fund, a person close to the manager told Business Insider. Tekne Capital, managed by Beeneet Kothari, a onetime lieutenant of billionaire Stanley Druckenmiller, was up more than 50% last year, a person close to the manager said.

Kothari’s $1.5 billion firm is an investor in Chinese companies such as DiDi Global, recruiting firm Kanzhun, and data-center builder GDS, the person said. Kothari told Business Insider in an interview last year that the headwinds facing the country made strong companies very cheap.

According to HSBC’s Hedge Weekly report, funds based in China and investing in the country performed well. $3.4 billion Pinpoint’s China-focused strategy returned more than 24%, while its multistrategy offering, which invests across Asia, was up 11.6%. George Jiang’s long-running Golden China fund made close to 33%, and Epimelis Capital, run by Hutchin Hill and Goldman Sachs veteran Fei Sun, made 35% in its China-centric strategy.

The average China-focused fund was up close to 18%, according to Hedge Fund Research, outpacing the industry average of 10.7%.

Going into 2026, investors will be watching how the volatile relationship between the US and China evolves, especially around trade agreements connected to chips, as well as any indication that China might invade Taiwan.

ByteDance will also be a focus for funds — Tiger Global and Coatue are both backers — as the social media giant continues to grow.




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