22 Nov 2024
Redwood plans $2.25bn credit fund amid distressed debt challenges
Redwood Capital Management, an opportunistic credit-focused hedge fund with $9.4bn in assets under management, is preparing to raise…
More
Spain's top court investigates Gotham City hedge fund over Grifols allegations
Spain’s High Court has launched an investigation into US-based hedge fund Gotham City, accusing it of disseminating "misleading"…
Activist Gatemore pushes for sale of market researcher YouGov
Activist investment firm Gatemore Capital Management has used the 2024 Sohn London Investment Conference to publicly call on YouGov, a…
Agecroft adds veteran Wang in new Hong Kong office
Agecroft Partners is expanding its reach in Asia by opening a Hong Kong office and appointing industry veteran Jerry Wang as a Business…
Griffin open to selling minority Citadel stake
Citadel founder Ken Griffin is open to the future sale of a minority stake in the multi-strategy hedge fund firm, according to a report by…
US hedge funds ramp up Chinese ADR investments
US hedge funds, including Appaloosa Management and Scion Asset Management, have significantly increased their stakes in US-listed Chinese…
21 Nov 2024
Long-short manager Blue Riband selects TS One for portfolio risk management
Blue Riband Group, a global long-short equity investment manager, has selected TS One’s Risk Module and Portfolio Risk Management from TS…
Man Group's trend-tracker facing one of its toughest years on record
While stock markets have surged this year in an historic rally, Man Group’s AHL Trend Alternative Fund, a prominent trend-following…
Heidrick & Struggles appoints new Partner in European hedge fund and wealth management division
Heidrick & Struggles, a provider of executive search and talent services, has appointed Daniel Aghdami as a Partner. Based in Zurich,…
Hedge funds bet big on nuclear power amid AI-driven energy demand
Hedge funds are increasingly investing in nuclear power producers, aiming to capitalise on the anticipated electricity surge driven by…
Hwang sentenced to 18 years for Archegos collapse
Sung Kook "Bill" Hwang, the former billionaire investor behind Archegos Capital Management, was handed an 18 year prison sentence on…
Hedge funds pulling back from 'Trump trade' stocks, says Morgan Stanley
US hedge funds have shifted their strategies, becoming net sellers of equities linked to the so-called "Trump trade," according to a report…
Hedge funds down 0.4% in October, says Citco
Hedge fund performance dipped marginally (-0.4%) in October ending a run of positive returns that stretched back to May, with a number of…
20 Nov 2024
Verition hires new Head of Support from rival hedge fund
Multi-strategy hedge fund Verition has bolstered its team by appointing Mark Almond as its new head of support. Almond joined Verition this…
Marshall Wace selects Bloomberg’s IBVAL Front Office for intraday pricing insights
Marshall Wace, the $69bn London-based hedge fund firm founded by Paul Marshall and Ian Wace, has selected Bloomberg's IBVAL Front Office to…
