20 Feb 2023
Elliott makes Man Utd finance offer
Elliott Investment Management has ruled itself out of making a formal bid to acquire Manchester United, but is keen to be involved in…
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Melquart launches event-driven fund on Investcorp-Tages UCITS platform
Melqart Asset Management has launched a new fund on the Investcorp-Tages UCITS platform, the Melqart Event Driven UCITS Fund. Melqart Asset…
Galois to shut down after losing $40m in FTX collapse
Fallout from the collapse of Sam Bankman-Fried's cryptocurrency empire continues to impact the hedge fund world with news that Galois…
Antara Capital takes 6.4% stake in gambling firm GAN
Antara Capital, a New York-based, event-driven hedge fund launched by Himanshu Gulatis in 2018 with start-up capital from the Blackstone…
SEC charges Options Clearing Corporation with rule failures
The Options Clearing Corporation is to undertake remedial efforts and pay $17 million in penalties to settle Securities and Exchange…
17 Feb 2023
BlackRock reopens equity hedge fund, targets extra $1bn after record loss
The BlackRock Strategic Equity Hedge Fund, which is run by money manager Alister Hibbert, is reopening to additional investment for the…
Luxor steps up opposition to Ritchie acquisition plan
Hedge fund Luxor Capital Group has stepped up its opposition to a proposed $6 billion deal by Ritchie Bros Auctioneers Inc to acquire a…
Activist Oasis goes public over Wagamama concerns
Activist hedge fund Oasis Management has ramped up the pressure on Wagamama owner The Restaurant Group to overhaul its business strategy by…
Hedge funds race to cover short tech stock bets
Hedge funds raced to cover their short wagers on US technology sector stocks at the second fastest rate in ten years during the first half…
Short-seller Anson takes long view on marijuana
Canada-based hedge fund manager Anson Funds, primarily known for its wagers against stocks, is happy to play the waiting game on the US…
BitMEX partners with Onramper to streamline fiat-to-crypto trades
BitMEX, one of the first derivatives cryptocurrency exchanges catering for institutional and professional traders, has partnered with…
16 Feb 2023
Liquidity and distressed credit attractive in face of market environment
Investors have shown a growing appetite for liquid strategies as they face a challenging market environment due to increased volatility,…
Brevan Howard confirms new regional hub in Abu Dhabi
Global macro specialist Brevan Howard has confirmed it is opening a new office in Abu Dhabi, having leased space at the Al Sarab Tower for…
Hedge funds make strong start to 2023
Hedge funds' strong performance in January has been backed by numbers from another provider, with Bloomberg data providing more evidence…
Hedge fund industry growth slowing, says SigTech
New research from quant technology provider SigTech, drawing on data from Preqin and insights from various hedge fund managers, reveals…