06 Sep 2024
Schonfeld's Head of Cybersecurity exits after eight years
Marc Helfman, who has served as Head of Cybersecurity at hedge fund Schonfeld for the past eight years, has left the firm, according to a…
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05 Sep 2024
SEC drops bid to revive hedge fund fee disclosure rule
The US Securities and Exchange Commission (SEC) has abandoned its legal efforts to revive a rule mandating increased hedge fund and private…
Broadridge launches new Tradeverse trading data platform
Global fintech Broadridge Financial Solutions has launched Tradeverse, a new data platform that the firm says will help trading firms…
Two senior women exit Citadel Securities for hedge fund roles
Citadel Securities, the market-making firm founded by Ken Griffin, has seen two of its senior female staff depart for hedge fund roles,…
HFA announces 2024 Global Board Election results
The Hedge Fund Association (HFA) has announced the results of its 2024 Global Board of Directors election, with the re-election of Bo…
Brazil's Ace Capital boosts algo trading with Saires Capital acquisition
Ace Capital Gestao de Recursos Ltda, a Brazilian hedge fund firm led by former Banco Santander SA traders, has enhanced its computer-driven…
Goldman Sachs sells hedge fund stake for up to $258m amid valuation concerns
Goldman Sachs' private equity investment firm, Petershill Partners, has sold an 18% stake in hedge fund LMR Partners for up to $258m in a…
Walleye leads August multi-strat gains
Walleye Capital's $4.8bn multi-strategy hedge fund delivered impressive results in August, outperforming some of the industry's biggest…
04 Sep 2024
SEC fines crypto hedge fund Galois Capital $250,000 over custody failures
The Securities and Exchange Commission has settled charges against a former Florida-based cryptocurrency hedge fund Galois Capital…
Millennium quant quits to join SWF
Naveed Malik, who spent nearly four years as the global head of systematic data at multi-strategy hedge fund major Millennium in New York,…
3forge secures Morgan Stanley investment
3forge, a specialist in High Impact code solutions for business-critical applications for hedge funds, Tier-1 global banks, asset managers,…
Digital assets fund see $300m outflows amid stronger macro data
Digital asset investment products saw outflows totalling $305m last week, with widespread negative sentiment evident across various…
BlueCrest launches FX trading platform BlueX
BlueCrest Capital Management, the hedge-fund-turned family office founded by Michael Platt, has launched a new currency trading platform…
Hedge funds narrow global equities performance gap in July
Hedge funds closed the performance gap with global equities in July 2024, according to Preqin with the data provider's All Hedge Fund Index…
London hedge funds Kite Lake and Astaris to close to new investors
Two London-based hedge funds – Kite Lake Capital Management and Astaris – are preparing to close their doors to new investors, even as the…