21 Jul 2023
AIMA says AIFMD agreement provides stability
The Alternative Investment Management Association and its private credit affiliate the Alternative Credit Council say the provisional…
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Hedge funds race to dump shorts as inflation data boosts equities
TOP STORY: Hedge funds are dumping short positions at their fastest pace since January as returns continue to lag the MSCI and bets on a…
Activist hedge fund Elliott takes stake in outsourced drugmaker Catalent
Activist hedge fund Elliott Investment has acquired a stake in US drug manufacturer Catalent, after the New Jersey-headquartered,…
Crypto hedge funds embrace DEXs, despite regulatory concerns
The number of crypto hedge funds using decentralized exchanges is growing, according to analysis by BanklessTimes.com, which found 44% of…
Julius Baer-backed GROW Investments targets Chinese hedge fund exposure
GROW Investment Group, a China-based investment firm backed by Julius Baer Group and Navigator Global Investments, is looking to raise $50…
20 Jul 2023
Odey AM to reopen Absolute Return fund ahead of transfer
Odey Asset Management's Absolute Return fund is to reopen as the London-based hedge fund firm prepares for the transfer of manager James…
Credit specialist Lemssouguer's Arini up 18% in H1
The Arini Credit Master Fund, a $2.2bn hedge fund run by former Credit Suisse European debt specialist Hamza Lemssouguer, has racked up an…
SPX apologises for Brazil bets that bombed
Brazilian hedge-fund giant SPX Capital has issued an apology to investors in its Raptor fund – a more aggressive version of its flagship…
Pine River appoints Repo Trader
Pine River Capital Management, a global relative value alternative asset manager, has appointed Abby Mongeon as a Repo Trader. She will…
MFA names new Vice President, US Government Affairs
Managed Funds Association, the trade association for the global alternative asset management industry, has appointed Georgette Sierra as…
Axioma partners with EDS to deliver factor risk models for hedge funds
Axioma, Qontigo’s analytics business and a global provider of factor risk models, portfolio construction tools, and enterprise risk…
19 Jul 2023
Former Citadel traders raise $1.85bn for new hedge fund
Jonas Diedrich and Dave Sutton, former traders at Citadel, have raised $1.85bn for their new London-based hedge fund Ilex Capital Partners,…
London-based hedge fund Astaris secures $150m Blackstone investment
Astaris Capital Management a London-based event-driven and equity investment firm, has secured a $150m commitment from Blackstone which…
Bell Rock hires from Goldman Sachs, Credit Suisse, and KPMG
While the big multi-strategy hedge funds such as Citadel and Millennium are making headlines with their high-profile recruitment drives,…
Argentem Creek Partners obtains in-principle ADGM approval
Argentem Creek Partners, an emerging markets specialist investment firm, has been granted an In-Principle Approval for a Financial Services…