14 Aug 2025
Elliott affiliate ups Citgo parent bid to $8.82bn
An affiliate of hedge fund Elliott Investment Management has increased its bid for PDV Holding, the US parent of Venezuela-owned refiner…
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Millennium alum launches credit hedge fund with $200m New Holland seed funding
Ryan Foster, a former senior portfolio manager at Millennium Management and ex-Soros credit investor, is launching a new credit hedge fund,…
13 Aug 2025
Titan backs RFA, secures $74m General Catalyst-led funding round
Titan, a newly formed holding company aiming to acquire and modernise IT services providers by embedding artificial intelligence into their…
Activist 7Square urges Nuernberger to explore alternatives to Vienna bid
Activist investor 7Square is pressing German insurer Nuernberger Beteiligungs AG to consider rival takeover offers, arguing that the…
AI is a ‘capable assistant’, not a stock picker, says Blaupost's Klarman
Seth Klarman, head of the Boston-based multi-strategy hedge fund firm Blaupost Group, says artificial intelligence is proving useful as a…
Hedge funds boost Japan bets and up South Korea shorts
Global hedge funds have ramped up exposure to Japanese equities as the Nikkei surged to record highs, while increasing bearish positions on…
Ex-Millennium exec to lead Asia-Pacific Prime Finance at Citi
Citigroup has named Jignesh Patel, a former executive at both Millennium and Goldman Sachs, as head of Asia-Pacific prime finance,…
Man Group’s Japan CoreAlpha Fund turns to banks on inflation play
Man Group’s £2.45bn Japan CoreAlpha Fund has begun selectively adding Japanese bank stocks, betting that the Bank of Japan (BOJ) will…
Deutsche Bank hires ex-Walleye credit trader to lead US high yield desk
Deutsche Bank is rebuilding its US high-yield trading franchise with the appointment of former Walleye Capital portfolio manager Travis…
Third Point's Loeb faces shareholder revolt over plan to transform London vehicle into Cayman reinsurer
Hedge fund manager Daniel Loeb is locked in a dispute with investors over plans to convert his London-listed vehicle, Third Point Investors…
Court bars Sculptor from suing Perrigo after missing class action deadline
The US Court of Appeals for the Third Circuit has ruled that Sculptor Asset Management cannot pursue its own securities lawsuit against…
12 Aug 2025
Digital assets funds return to positive inflows
Digital assets funds returned to positive inflows last week pulling in a net $572m after early-week outflows of $1bn on weak US payroll…
Fairlight Capital Partners appoints senior adviser to support UK expansion
Fairlight Capital Partners, which seeds, backs, and builds specialist investment managers, has named Mikkel Bates as Senior Board Adviser,…
Barclays’ head of USD swaps trading exits for hedge fund role
Barclays’ head of US dollar swaps trading, Justin Firmino, has left the bank and is set to join a hedge fund, according to market sources.…
Shiprock Capital hires ex-Goldman, TCW strategist to lead EM sovereign research
London-based distressed and special situations hedge fund Shiprock Capital Management has appointed Mauro Roca – previously head of Latin…
