01 Jul 2024
BlackRock to acquire private markets data specialist Preqin for £2.55bn
BlackRock has agreed to acquire Preqin, a UK-based independent provider of private markets data for £2.55bn ($3.2bn) in cash, bringing…
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28 Jun 2024
Balyasny AM adds Jefferies’ MD as PM
Hedge fund Balyasny Asset Management has added Sean Hammersley as a portfolio manager, according to a report by eFinancial Careers. …
New hedge fund backed by former Two Sigma CIO will hire analysts over PMs
Taproot Management, a new hedge fund with a planned $500m launch next year, is forgoing expensive portfolio managers in favour of a team of…
IRS apologises to Citadel’s Ken Griffin over tax return leak
The Internal Revenue Service has formally apologised to Ken Griffin, founder of hedge fund giant Citadel, following the unauthorised…
Andurand drops oil for copper and cocoa
Pierre Andurand’s hedge fund firm Andurand Capital Management will continue to bet on copper and cocoa futures despite recent price…
DE Shaw launches new credit hedge fund
Multistrategy hedge fund DE Shaw is raising capital for DE Shaw Diopter International Fund II as well as its counterpart, DE Shaw Diopter…
Ex-Segantii trader allegedly involved in Morgan Stanley block trades
Former Segantii Capital Management trader Robert Gagliardi has been implicated in a series of block trades involving insider information…
Crispin Odey discloses £37m financial blow
Crispin Odey has disclosed a £37.1m ($47m) goodwill impairment due to the closure of London-based hedge fund firm Odey Asset Management,…
27 Jun 2024
Hedgeweek announces winners of Global Digital Assets Awards 2024
Hedgeweek has announced the winners of the Global Digital Assets Awards 2024, which recognise fund performance and service provider…
Clear Street adds Goldman Sachs veteran as Chief Risk Officer
Diversified financial services firm Clear Street has appointed Atul Pawar as Chief Risk Officer, who will join in July after two decades at…
Hedge funds cut Mexican peso bets in third-largest reduction on CFTC record
Hedge funds have decreased their net long positions on the Mexican peso by 56,709 contracts following the country’s unexpected election of…
Melbourne-based L1 Capital eyes uranium M&A
Melbourne-based L1 Capital’s flagship Long Short Fund, which has delivered a 20% annual return since its inception, is banking on a swift…
Bearish bets against US gasoline highest in five years
Hedge funds and money managers have significantly increased their bearish bets against US gasoline, reaching the highest level in over five…
Hedge funds swap tech stocks for financials amid strong gains, says Goldman Sachs
Hedge funds are shifting away from technology stocks, particularly semiconductor and chip equipment, following robust gains in Q1 2024,…
26 Jun 2024
Glen Point Capital co-founder avoids prison
Neil Phillips, co-founder of hedge fund firm Glen Point Capital, has been sentenced to probation instead of a two-year prison sentence for…
