28 Apr 2026
Saba Capital targets $1bn fund to acquire distressed private credit vehicles
Boaz Weinstein’s Saba Capital Management is preparing to raise around $1bn for a new investment strategy aimed at purchasing stressed and…
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Redwood targets $1bn for long-duration illiquid credit strategy
Redwood Capital Management is planning to raise approximately $1bn for a new fund focused on long-term, illiquid credit investments, as…
Ackman’s Pershing Square IPO set to raise $5bn
Bill Ackman’s Pershing Square is expected to raise around $5bn through a new closed-end fund IPO, marking one of the largest listings in…
Short sellers double down on US life insurers as private credit exposure fuels concern
Short interest in US life insurance stocks has surged sharply over the past year as investors increasingly question the sector’s exposure…
Jain Global’s Millennium partnership raises questions over staffing and structure
Jain Global's plan to return external investor capital and operate exclusively as part of Millennium Management from October 2026, has…
Elliott builds Nippon Express stake, sending shares to record high
Paul Singer's Elliott Investment Management has taken a position in Nippon Express Holdings, triggering a sharp rally in the Japanese…
27 Apr 2026
Jain Global to return external capital and shift to exclusive Millennium mandate
Jain Global is to return external capital and transition to managing money exclusively for Millennium Management, led by Izzy Englander,…
Jane Street outpaces rivals with record $40bn trading haul
Jane Street generated nearly $40bn in net trading revenue last year, widening its lead over rival market makers and several major Wall…
Millennium’s dominance highlights rise of mega “pod shop” hedge fund model
New regulatory filings have reinforced Millennium Management’s position as the largest employer in the hedge fund industry, underscoring…
Global search for nearly $600m missing after Mars FX hedge fund collapse
A worldwide investigation is underway after the collapse of Mars FX, a hedge fund that once reported steady double-digit gains, with around…
Lumenai plans launch of fully agentic AI hedge fund
Lumenai Investments is preparing to launch what it says will be the first institutional hedge fund built around a fully “agentic”…
ISS supports two Impactive nominees in WEX board contest
Institutional Shareholder Services (ISS) has recommended that shareholders of WEX Group support two director candidates put forward by…
Ricky Sandler to wind down Eminence Capital after nearly three decades
Veteran hedge fund manager Ricky Sandler is closing Eminence Capital after 27 years and returning capital to investors, citing a sustained…
Instacart co-founder launches AI-driven hedge fund
A hedge fund founded by Instacart co-founder Apoorva Mehta is using artificial intelligence agents to run much of its investment process,…
24 Apr 2026
BMLL integrates SpiderRock options data to deepen cross-asset analytics capabilities
BMLL Technologies has partnered with SpiderRock to expand its cross-asset analytics offering, with the integration of SpiderRock’s US…
