A growing number of hedge funds, including Swiss-based ADAPT Investment Managers, are shutting their doors to new investor capital following the industry’s strongest year for returns and inflows since the global financial crisis, according to a report by Bloomberg.
ARR Investment Partners, a $60m London-based investment advisor that has been backed by over 70 investors via separately managed accounts, including Fasanara Open Quant Fund and a major New York-based multi-strategy investment firm, has launched a Cayman-domiciled global long-short equity
TOP STORY: Chaitanya Mehra, head of a diversified commodities platform at Millennium Management, is spinning out to launch Echion Capital with $1.5bn in backing from Izzy Englander’s multi-strategy hedge fund firm, according to a report by Bloomberg.
Singapore’s sovereign wealth giants GIC and Temasek are making significant changes to how they engage with hedge funds, moves that could influence billions of dollars of institutional capital flows across the sector, according to a report by Bloomberg.
Macro hedge fund Tekmerion Capital Management is spinning out from Brevan Howard Asset Management, and is set to relaunch later this year with over $1bn in investor commitments, according to a report by Bloomberg citing a company spokesperson.
Hedge funds have gradually reduced their exposure to North America over the past year, as trade tensions, policy uncertainty, a weaker US dollar and pressure on megacap stocks prompt allocators to rebalance portfolios across regions, according data from Goldman Sachs,
Macro hedge fund Palinuro Capital, founded by former ING portfolio manager Alfonso Peccatiello, is in discussions to raise up to $400m in new capital as institutional appetite for macro strategies continues to build, according to a report by Financial News
New Holland Capital is preparing to launch a new equity investment platform aimed at portfolio managers seeking an alternative to the high-pressure, siloed culture of large multi-strategy hedge funds, according to a report by Bloomberg.
Jersey-based macro hedge fund major Brevan Howard Asset Management is set to return external capital from Fash Golchin’s dedicated hedge fund as the firm sharpens its focus on its flagship Master Fund structure, according to a report by Bloomberg.
The two-and-20 fee structure has long been dead. But what’s been slowly replacing it reveals a hedge fund industry splitting into two distinct tiers – and the gap between them is widening. Nearly one-third of hedge fund allocators are now
