16 Apr 2024
Hedge fund founder Shah accused of masterminding cum-ex fraud in London civil trial
Hedge fund founder Sanjay Shah has been accused of masterminding a “meticulously pre-planned” cum-ex trading scheme that defrauded the…
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Element set to return $4bn in client cash
Element Capital Management, the global macro hedge fund firm founded by Jeff Talpins, is planning to return around $4bn in external capital…
15 Apr 2024
Hong Kong grants initial bitcoin, ether ETF approvals
Hong Kong has granted initial conditional approvals to Harvest Global Investments and a partnership between HashKey Capital and Bosera…
Headstart Fund of Funds up more than 20% for second year running in 2023
Headstart Fund of Funds posted its fourth consecutive double-digit positive annual return in 2023, with back-to-back returns in excess of…
Hedge fund Barington urges Paramount to scrap talks with Skydance
Barington Capital, the fundamental, value-oriented activist hedge fund firm founded in 2000 by James A Mitarotonda, wants Paramount Global…
ExodusPoint Treasurer to depart
Steve Barbo is leaving his position as Treasurer at ExodusPoint, the $12bn hedge fund firm founded by Michael Gelband and Hyung Lee, having…
Shah Capital agitating for Novavax board room shake-up
Struggling Covid-19 vaccine maker Novovax is coming under pressure from US-based activist hedge fund firm Shah Capital – which owns 6.6% of…
RIAs opting for PE over hedge funds
Registered investment advisers (RIAs) who run private funds for clients have upped their allocations to private equity investments while…
Jane Street sues Millennium and two ex-employees over 'stolen trade secrets'
Global proprietary trading firm Jane Street Capital has taken legal action against multi-strategy hedge fund major Millennium Management…
Globe Life shares drop 54% following short seller allegations
Shares of life insurance company Globe Life dropped by 54% to $57, their lowest point in over a decade, after short seller Fuzzy Panda…
12 Apr 2024
Interactive Brokers launches high touch PB service and global outsourced trading
Global electronic brokerage firm Interactive Brokers has added to its offering for hedge funds with the launch of a high touch prime…
Australian activist L1 Capital up 42%
L1 Capital, a prominent Australian activist hedge fund firm launched by former Macquarie investment banker James Hawkins, has recorded a…
Apple valuation draws hedge fund attention
A slump in Apple's share price, coupled with the potential for AI upgrades to its iPhones, has led to the company attracting the attention…
Bankman-Fried appeals FTX/Alameda fraud conviction
Lawyers acting for Sam Bankman-Fried, the Founder of failed cryptocurrency exchange FTX and related hedge fund firm Alameda Research, have…
Activist FourWorld intervenes in John Frederiksen’s Frontline deal
New York-based activist hedge fund FourWorld is looking to reverse a deal involving Frontline, a shipping company controlled by Cyprus’s…
