Galaxy, the digital assets group founded by billionaire investor Mike Novogratz, is preparing to launch a $100m cryptocurrency-focused hedge fund as market volatility creates opportunities on both the long and short side, according to a report by the Financial Times.
Greenlight Capital, the hedge fund led by founder David Einhorn, is set to close its hedge fund to new capital from 1 July, citing fund size considerations and ongoing concerns about equity market valuations, according to a report by Bloomberg.
A team spun out of recently overhauled hedge fund Taconic Capital Advisors’ European credit platform has launched Dolomite Capital, an independent firm with $1.3bn in assets under management, according to a report by Bloomberg.
Asset allocators are preparing to channel more capital into multi-strategy hedge funds in 2026, accelerating an industry-wide shift toward the largest and best-performing platforms, according to a report by Reuters citing the findings of a Bank of America survey.
Daniel Senft, former senior stock-picker at Coatue Management, has raised $2.5bn for the launch of his new firm NX1 Capital, marking one of the largest hedge fund debuts in recent years, according to a report by Bloomberg.
Squarepoint Capital has provided a $200m anchor investment to a newly launched hedge fund – Hong Kong-based Invictus Investment Partners – led by former senior portfolio managers from Point72 Asset Management and Citadel, according to a report by Bloomberg.
Schonfeld Strategic Advisors has provided seed capital to a Sarda Capital, a London-based investment firm offering investors exposure to Indian equity markets through allocations to local hedge funds, according to a report by Bloomberg.
After years of steady growth, institutional appetite for separately managed accounts appears to have reached an inflection point, with new data revealing a dramatic shift back towards commingled fund structures.
London-based credit specialist Sona Asset Management attracted approximately $6.6bn in additional assets in 2025, highlighting continued investor appetite for focused hedge fund strategies beyond the large multi-strategy platforms, according to a report by Bloomberg.
Unifi Asset Management, the hedge fund launched by former One William Street partner Omer Gundogdu, has surpassed $1bn in assets under management less than a year after beginning to trade, marking a rare fundraising success for a newly established manager,
