29 Apr 2026
Hedge fund short covering drives demand in CATL’s $5bn share placement
Hedge funds dominated demand for Contemporary Amperex Technology Co Ltd’s $5bn share placement, with short covering playing a key role as…
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Hedge fund Aristides Capital loses investor over founder's political views
Louisville-based hedge fund Aristides Capital has lost a key investor following a political dispute, highlighting growing tensions in parts…
28 Apr 2026
Dynatrace shares rise on news of Starboard Value stake
Dynatrace Inc shares climbed more than 6% in after-hours trading following reports that activist investor Starboard Value LP has taken a…
Millennium recruits HFT CTO to build nanosecond-latency trading infrastructure
Millennium Management has hired the former chief technology officer of a major high-frequency trading firm to work on ultra-low-latency…
Hedge funds use US equity rally to cut exposure
Hedge funds have been using the recent rally in US equities to reduce risk and scale back positioning, according to a report by Bloomberg…
Saba Capital targets $1bn fund to acquire distressed private credit vehicles
Boaz Weinstein’s Saba Capital Management is preparing to raise around $1bn for a new investment strategy aimed at purchasing stressed and…
Redwood targets $1bn for long-duration illiquid credit strategy
Redwood Capital Management is planning to raise approximately $1bn for a new fund focused on long-term, illiquid credit investments, as…
Ackman’s Pershing Square IPO set to raise $5bn
Bill Ackman’s Pershing Square is expected to raise around $5bn through a new closed-end fund IPO, marking one of the largest listings in…
Short sellers double down on US life insurers as private credit exposure fuels concern
Short interest in US life insurance stocks has surged sharply over the past year as investors increasingly question the sector’s exposure…
Jain Global’s Millennium partnership raises questions over staffing and structure
Jain Global's plan to return external investor capital and operate exclusively as part of Millennium Management from October 2026, has…
Elliott builds Nippon Express stake, sending shares to record high
Paul Singer's Elliott Investment Management has taken a position in Nippon Express Holdings, triggering a sharp rally in the Japanese…
27 Apr 2026
Jain Global to return external capital and shift to exclusive Millennium mandate
Jain Global is to return external capital and transition to managing money exclusively for Millennium Management, led by Izzy Englander,…
Jane Street outpaces rivals with record $40bn trading haul
Jane Street generated nearly $40bn in net trading revenue last year, widening its lead over rival market makers and several major Wall…
Millennium’s dominance highlights rise of mega “pod shop” hedge fund model
New regulatory filings have reinforced Millennium Management’s position as the largest employer in the hedge fund industry, underscoring…
Global search for nearly $600m missing after Mars FX hedge fund collapse
A worldwide investigation is underway after the collapse of Mars FX, a hedge fund that once reported steady double-digit gains, with around…
