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
Hedge fund redemption activity dropped to its lowest level in five years in January, pointing to improving investor confidence despite rising geopolitical and macroeconomic uncertainty, according to the latest data from SS&C GlobeOp.
Mala Gaonkar’s hedge fund SurgoCap Partners has grown assets to approximately $6bn, just three years after beginning trading – marking one of the fastest-scaling hedge fund launches in recent years, according to a report by Bloomberg.
H2O Asset Management has launched Generative Global Macro, an actively-managed discretionary global macro fund that integrates generative AI tools to support behavioural finance analysis and enhance portfolio decision-making.
Global hedge fund industry assets have exceeded $5tn for the first time, driven by a combination of strong performance and sustained investor inflows, according to the latest Global Hedge Fund Industry Report from hedge fund indexation and analysis specialist HFR.
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.
