06 Jan 2025
Profits plunge at Marshall Wace
Marshall Wace, the hedge fund firm founded by GB News co-owner Paul Marshall, has seen a steep decline in profits, with newly filed…
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03 Jan 2025
Multi-strats make their mark in 2024
Multi-strategy hedge funds delivered impressive performance in 2024, with many, including Millennium Management, Citadel, and DE Shaw,…
Social media influencer to launch new hedge fund on 13 January
Alfonso Peccatiello, a former investment head at ING Germany and now a prominent social media market commentator, is set to debut his new…
Short-seller Hindenburg targets online vehicle retailer Carvana
Prominent short-seller Hindenburg Research has taken a short position against Carvana after accusing the online auto retailer of…
Activist investor campaigns hit record level in 2024
A record number of activist investors launched campaigns against global companies in 2024 reflecting growing momentum for shareholder…
Majority of Citadel investors decline offer to redeem profits
Multi-strategy hedge fund major Citadel recently offered its investors the option to cash out profits following a 15.1% gain in its…
DE Shaw to return billions to investors after strong 2024 performance
New York-based hedge fund major DE Shaw is planning to return billions of dollars to external clients after its flagship hedge funds…
02 Jan 2025
Third Point agrees Birch Grove deal
Third Point, the $12bn alternative investment firm founded by Daniel S Loeb, has agreed to acquire AS Birch Grove, an $8bn alternative…
Pershing Square completes PSVII funds, distributes 2.6% of UMG stock to LPs
Pershing Square Capital Management, the New York-based investment firm led by Bill Ackman, has concluded its PSVII funds, a finite-life…
FalconX to acquire crypto derivatives startup Arbelos Markets
Cryptocurrency prime brokerage FalconX is nearing a deal to acquire Arbelos Markets, a crypto derivatives startup founded in 2023 by…
Bullish oil bets hit four-month high following surge in hedge fund activity
Bullish bets on oil surged to their highest levels in four months during the penultimate week of 2024 following a surge in activity by…
Balyasny refocuses equities team with long-term vision
Dmitry Balyasny, founder of the $20bn multi-strategy hedge fund Balyasny Asset Management, has overseen the overhaul of the firm's equities…
Millennium posts 15% 2024 gain but lags S&P 500
Millennium Management, the multi-strategy hedge fund major led by Izzy Englander, recorded a 2.5% gain in December, bringing its total…
31 Dec 2024
Odey files £79m libel lawsuit against Financial Times
Hedge fund manager Crispin Odey is seeking at least £79m in damages from the Financial Times, filing a libel lawsuit against the…
Despite Citadel founder's predictions, multistrategy hedge fund boom continues
Citadel founder Ken Griffin was only half correct last month when he claimed the multistrategy hedge fund boom had “come and gone,”…
