Shares in Pershing Square’s newly listed investment vehicles recovered in their second day of trading, supported by disclosures that founder Bill Ackman (pictured) increased his personal investment in both entities following their IPO, according to a report by Bloomberg.
US derivatives regulator the Commodity Futures Trading Commission (CFTC) is re-examining how it publishes a key dataset in a move that could reshape how hedge funds and other market participants interpret positioning signals across futures markets, according to a report
Engine Capital has called on engineering and construction group KBR Inc to consider a full sale of the business, arguing that the company is undervalued in public markets and could command a significantly higher price in a takeover, according to
Digital asset investment products saw $1.2bn of inflows last week, the fourth consecutive positive week, with eight assets recording inflows versus six the prior week, according to the latest data from CoinShares.
Sanctions have evolved into a structural investment risk factor that is increasingly surfacing inside portfolio holdings only after losses or compliance issues emerge, according to a report by CityWire citing analysis by Morningstar Inc.
New York City Mayor Zohran Mamdani is seeking to reduce a widely used tax benefit for hedge funds, private equity firms and other high-income business partnerships as part of efforts to close a widening municipal budget gap.
Louisville-based hedge fund Aristides Capital has lost a key investor following a political dispute, highlighting growing tensions in parts of the asset management industry where managers’ public views are increasingly coming under scrutiny, according to a report b Institutional Investor.
Boaz Weinstein’s Saba Capital Management is preparing to raise around $1bn for a new investment strategy aimed at purchasing stressed and illiquid private credit funds, according to people familiar with the matter.
Redwood Capital Management is planning to raise approximately $1bn for a new fund focused on long-term, illiquid credit investments, as restructuring processes across stressed debt markets continue to extend in duration, according to a report by Bloomberg.
A worldwide investigation is underway after the collapse of Mars FX, a hedge fund that once reported steady double-digit gains, with around $600m now unaccounted for, according to a report by Bloomberg citing court filings and unnamed people familiar with
