13 Aug 2025
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,…
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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…
Renaissance Technologies suffers another tough month amid quant headwinds
Renaissance Technologies, the systematic hedge fund firm founded by mathematician and former Cold War code breaker Jim Simons, saw its…
Icahn’s private hedge fund extends losing streak
Carl Icahn’s private investment fund posted another quarterly loss in Q2, falling 0.5% and taking year-to-date declines to 8.8%, according…
Battle-tested crisis alpha in an era of heightened volatility
Singapore-based Vulpes Investment Management launched new investment funds in May, reviving strategies from a hedge fund that peaked at…
11 Aug 2025
Hedge funds pitching direct deal-contingent derivatives to PE
Hedge funds are increasingly approaching private equity firms to trade complex “deal-contingent” currency derivatives directly, threatening…
AI boom fuels wave of new hedge fund launches
A surge in investor appetite for artificial intelligence exposure is driving a new generation of hedge funds targeting the sector, with…
Activist Engine Capital pressures Avantor for strategic overhaul or sale
Activist hedge fund Engine Capital has taken a roughly 3% stake in life-sciences company Avantor and is poised to press for significant…
