24 Dec 2024
Pershing Square boosts buybacks to address share discount
Pershing Square Holdings, a £11.9bn investment trust managed by Bill Ackman, has doubled its share buyback programme to $200m (£159m) as it…
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Hillhouse and CPE join Western firms eyeing UAE
Hillhouse Investment Management and CPE, the Chinese firm formerly known as Citic Private Equity, have reportedly held early talks about…
23 Dec 2024
Must Asset Management pushes for reform at South Korean conglomerate
South Korean hedge fund Must Asset Management, which has delivered an impressive 50% return this year – far outpacing the nation’s sluggish…
Silver Point challenges SEC lawsuit
Silver Point Capital is preparing to challenge a lawsuit filed by the US Securities and Exchange Commission (SEC), which accuses the hedge…
Third Point expands credit strategy with Birch Grove deal
Billionaire investor Daniel Loeb's hedge fund, Third Point, plans to acquire fund manager AS Birch Grove in a strategic move to enhance its…
Gotham City Research requests Grifols lawsuit dismissal
US short seller Gotham City Research has requested a New York judge dismiss a lawsuit accusing it of conspiring to lower the stock price of…
Ex-Citadel engineer quits Coinbase
Former Citadel engineer Francesco Laurita has left Coinbase to take on a new role as a Principal Engineer at Checkr, a startup specialising…
Activist Barington nominates founder to Matthews board
Activist investor Barington Capital Management has nominated its founder, James Mitarotonda, along with two other executives, as Director…
Marshall Wace allocates $1bn to former Citadel Manager
Richard Northridge, a former portfolio manager at Citadel, has secured $1bn from Marshall Wace to trade for its flagship hedge fund,…
Ghisallo Managing Director departs after a year
Carlo Agostinelli, a Managing Director at Hong Kong-based hedge fund Ghisallo Capital Management, has left the firm after just over a year,…
20 Dec 2024
Ocado tops list of most shorted UK-listed companies
Technology firm Ocado was the most shorted company on the UK stock market as of 16 December, 2024, according to a recent report from…
Activist Palliser calls for Rio Tinto resolution
Activist investor Palliser Capital, along with more than 100 other shareholders, has called for a resolution to review Rio Tinto's…
Macro is the 'must-have' hedge fund strategy for 2025
With the political and economic shifts under US President-elect Donald Trump expected to dominate the global financial landscape in 2025…
Hedge funds shift focus to power producers amid AI boom
Hedge funds including Coatue Management and Lone Pine capital, known for their tech-centric investments, are turning their attention to…
Caxton reports nearly 80% profit decline amid market volatility
Caxton Associates, one of the world’s leading macro hedge funds, has reported a sharp decline in profitability, with profits plunging…
