22 Nov 2023
Middle East hedge funds see strong performance in 2023
Several Middle East hedge fund firms including Waha Capital and Aventicum have recorded strong performance so far in 2023, according to a…
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BNP Paribas to acquire HSBC’s hedge fund admin business
BNP Paribas’ Securities Services business has signed an exclusive agreement to acquire HSBC’s hedge fund administration business in several…
Crowding hits record high as hedge funds weigh in on 'Magnificent Seven' bets
Hedge funds have weighed in on bets on the "Magnificent Seven" tech stocks that have boosted portfolio returns this year, sending…
21 Nov 2023
Jain Global continues to build-out team ahead of July 2024 launch
Jain Global, which is due to launch in July 2024 with an expected $8bn to $10bn in AUM, is continuing to build-out its team with Senior…
Hawksford to acquire Paradigm Governance Partners
Global corporate, private client, and fund services provider Hawksford has entered into an agreement to acquire Paradigm Governance…
Elliott forces management change at NRG Energy
Activist hedge fund firm Elliott Investment Management has succeeded in its demands for change at NRG Energy, with Mauricio Gutierrez…
Digital assets inflows positive for eighth consecutive week
Digital asset investment products saw inflows totalling $176m last week in a continuation of consecutive weekly inflows that has now lasted…
A single source solution driving positive change….
The annual Hedgeweek US Awards acknowledge exemplary US fund managers and service providers in various categories. In an exclusive Q&A,…
Blackstone multi-strat fund to close after assets slump by 90%
Lacklustre returns and a 90% fall in assets in the last four years has prompted Blackstone to close down the Blackstone Diversified…
BlueFlame AI adds four to exec team
BlueFlame AI, a generative AI platform for hedge funds, private equity firms, and other alternative investment managers, has hired four…
20 Nov 2023
Short-Seller Chanos to close hedge funds after almost 40 years
Jim Chanos, founder of long-short hedge fund firm Chanos & Co (formerly Kynikos Associates), and famed for bearish bets against Enron…
Hedge fund up bearish bets on yen to highest level since April 2022
Hedge funds and other currency speculators have ramped up their bearish bets on the Japanese yen to the highest levels seen since April…
GAM global macro team joins Investcorp-Tages
A global macro trading team lead by Adrian Owens is joining global alternative investment manager Investcorp-Tages from GAM, with the team…
National Bank, JonesTrading listed as Traynor Ridge creditors
The National Bank of Canada and JonesTrading Canada Inc have both been named in a list of creditors of Traynor Ridge Capital Inc by court…
Rithm completes Sculptor acquisition
Rithm Capital Corp has finally come out on top in the battle to acquire Sculptor Capital Management and its $32.8bn in assets under…
