Citadel has appointed Nathan Perrone from multi-strategy rival Millennium as its new Chief Compliance Officer for its global equities and Ashler Capital businesses – two of the firm’s four fundamental long/short strategies – according to a report by eFinancial Careers.
The European Energy Exchange and European Commodity Clearing are to offer a six-month transaction and clearing fee waiver for market participants trading their EEX Nordic Zonal Power Futures and EEX Nordic System Price Power Futures.
Pershing Square, the hedge fund led by Bill Ackman, is set to sell shares at $50 each in its upcoming initial public offering in New York. While the date of the IPO has yet to be set, shares will be
New hedge fund launches surged while liquidations remained steady to begin 2024 with industry assets hitting a record level of $4.3tn as fund managers positioned for growing geopolitical risk, according to the latest HFR Market Microstructure Report.
BlackRock has agreed to acquire Preqin, a UK-based independent provider of private markets data for £2.55bn ($3.2bn) in cash, bringing together Preqin’s data and research tools with Aladdin’s workflow capabilities in a unified platform.
Hedge fund Balyasny Asset Management has added Sean Hammersley as a portfolio manager, according to a report by eFinancial Careers.
Taproot Management, a new hedge fund with a planned $500m launch next year, is forgoing expensive portfolio managers in favour of a team of analysts, according to a report by Bloomberg.
The Internal Revenue Service has formally apologised to Ken Griffin, founder of hedge fund giant Citadel, following the unauthorised release of his tax returns, according to a report by the Wall Street Journal.
Pierre Andurand’s hedge fund firm Andurand Capital Management will continue to bet on copper and cocoa futures despite recent price declines from their all-time highs earlier this year, according to a report by Bloomberg citing an investor letter.
Multistrategy hedge fund DE Shaw is raising capital for DE Shaw Diopter International Fund II as well as its counterpart, DE Shaw Diopter Fund II, according to a report by Institutional Investor citing regulatory filings.
