29 Nov 2024
Ex-hedge fund manager joins NYC mayoral race
Whitney Tilson, a former hedge fund manager and philanthropist, has announced his candidacy for New York City mayor, joining a competitive…
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Hong Kong proposes crypto tax breaks to attract hedge funds and wealthy families
Hong Kong is moving to exempt private equity funds, hedge funds, and investment vehicles owned by billionaires from taxes on cryptocurrency…
Ocean Leonid to shut down London operation
Ocean Leonid Investments, a hedge fund reportedly linked to Iranian oil trader Hossein Shamkhani, has informed staff in its Curzon Street…
Pantera Capital’s bitcoin fund surpasses 1,000x return
Pantera Capital Management’s Bitcoin Fund, one of the earliest crypto-focused investment vehicles, has achieved a staggering milestone: a…
28 Nov 2024
Digital assets funds see record weekly inflows of $31.13bn
Digital asset investment products saw the largest weekly inflows on record last week, totalling $3.13bn, bringing total year-to-date…
Balyasny’s AI outperforms OpenAI in financial applications
Balyasny Asset Management, the multi-strategy hedge fund firms founded by Dimitri Balyasnay, is making waves in the artificial intelligence…
GAM to distribute Japanese hedge fund for Arcus Investment
GAM has partnered with Arcus Investment to distribute the Arcus Zensen hedge fund, a long-short strategy focused on Japanese equities…
Hedge fund industry to significantly influence Trump administration, says Agecroft
The hedge fund industry is set to play a more prominent role in the Trump administration compared to previous administrations, according to…
Megia’s Taula Capital reopens to raise additional $1bn
Diego Megia, a former senior money manager at Millennium Management, is set to expand his hedge fund, Taula Capital Management, by raising…
Hedge fund RTW under SEC investigation over Masimo proxy battle
RTW Investments, a $6.5bn hedge fund focused on investment in the life sciences sector, is under investigation by the Securities and…
27 Nov 2024
Tidan Capital adds Senior Portfolio Manager to volatility and options arbitrage team
Tidan Capital, the Stockholm-based hedge fund firm founded by three former Brummer and Partners execs, has appointed Dennis Karlsson as a…
Paloma Partners promotes Singh to CEO
Ravi M Singh has been appointed CEO of multi-strategy hedge fund firm Paloma Partners Management, effective 22 November. Singh has stepped…
Former Citi MD resurfaces at hedge fund Millennium
Vikas Sharma, a seasoned professional with over two decades at Citi, has returned to the finance industry after a two-year hiatus joining…
Exegy expands ultra-low latency, tick-to-trade support to all Canadian equity exchanges
Exegy, a specialist in ultra-low latency trading technology solutions, has expanded its market data and execution coverage for nxAccess,…
Millennium allocates $1.8bn to two hedge fund teams
Millennium Management, one of the world's largest multi-strategy hedge funds, is channelling approximately $1.8bn into two investment teams…
