25 Jul 2025
Hedge funds post double-digit H1 returns as market rebounds fuel inflows
Hedge funds delivered strong performance in the first half of 2025, returning 11% year-to-date after a sharp Q2 rebound that saw average…
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Wall Street banks embrace risk transfer deals to boost hedge fund lending capacity
Wall Street banks, including Morgan Stanley, are increasingly turning to complex synthetic risk transfer (SRT) deals to unlock capital and…
24 Jul 2025
Third Point adds Insurance Solutions Fund to private credit offering
Third Point, the New York-based hedge fund firm founded by Daniel Loeb, has held a $400m first close for its Insurance Solutions Fund I,…
Millennium hires former Goldman Sachs STIR specialist in Dubai
Alex Blanchard, a veteran short-term interest rate (STIR) trader and former Goldman Sachs executive, has joined hedge fund giant Millennium…
Qube backs former Citadel PM's Jerpoint Capital with $200m
Sean Murphy, a former portfolio manager at Citadel, is launching Jerpoint Capital, a new hedge fund backed by Qube Research &…
China-focused hedge funds outpace global peers amid AI rally
China-focused hedge funds including Triata Capital delivered standout gains in the first half of 2025, outperforming global peers on the…
Millennium allocates $4.2bn to two external managers
Multi-strategy major Millennium Management has allocated $4.2bn to two independent hedge fund managers, reinforcing its strategy of seeding…
Hedge fund redemptions continue to fall as SS&C GlobeOp indicator hits 12-month low
Investor redemptions from hedge funds hit a 12-month low in July, according to the latest data from SS&C Technologies, with the firm’s…
23 Jul 2025
UMG files for US listing in line with Pershing Square agreement
Universal Music Group has confidentially filed for a US listing, a move which would fulfil an agreement with Bill Ackman’s hedge fund firm…
EDS launches ‘Fusion’ AI platform to streamline institutional investment workflows
Equity Data Science (EDS) has unveiled Fusion, a new generative AI-powered platform aimed at transforming and streamlining how…
Canadian hedge fund Waratah Capital reveals data breach
Toronto-based hedge fund manager Waratah Capital Advisors, which oversees CAD4bn in assets, is investigating a cybersecurity breach that…
Kodai Capital Founder joins Millennium as Senior Equities Executive
Neville Shah, co-founder of shuttered hedge fund Kodai Capital Management, has joined $77bn multi-strategy powerhouse Millennium Management…
Glendon Capital eyes gains from unwinding private equity boom
Los Angeles-based hedge fund Glendon Capital Management is positioning itself to capitalise on what it sees as the slow unraveling of the…
Walleye Capital closes to new investors
Walleye Capital has joined a growing cohort of elite multi-strategy hedge funds shutting their doors to new investor capital, as the $8bn…
Activists eye $30bn in idle biotech capital
Activist hedge funds, including Tang Capital Management, are zeroing in on the biotech sector, targeting nearly $30bn in underutilised…