Speculation is growing about the financial standing of hedge fund Three Arrows Capital following a cryptic tweet by the firm's founder, according to a report by Bloomberg.
Former Credit Suisse (SIX:CSGN) Group AG trader Zhu Su tweeted from his verified account saying: "“We are in the process of communicating with relevant parties and fully committed to working this out", without providing any further details or context.
The firm is reported to have been liquidating crypto positions in recent weeks its including exposure to staked ether (stETH).
Yen carry trade risks mount
Hedge funds and other leveraged investors face renewed risks from the yen carry trade as Japan moves further away from decades of…
More
Valour launches first crypto hedge fund using Neuronomics AI strategy
Valour, the digital asset investment products subsidiary of DeFi Technologies, has launched its first hedge fund as it expands beyond…
More
SocGen targets strong prime brokerage growth
Societe Generale is planning to significantly expand its prime brokerage business as part of Chief Executive Officer Slawomir Krupa's…
More
