Daniel Loeb, founder and CEO of event driven hedge fund Third Point, is considering taking SiriusPoint private – less than three years after he agreed to combine his hedge fund’s reinsurance business, Third Point Re, with rival Sirius International Insurance Group
Buyout firm CVC Capital Partners and activist hedge fund Elliott Management are among the suitors to have tabled bids to acquire parts of struggling cinema chain Cineworld, according to a report by Sky News.
Effissimo Capital Management, a Singapore-based activist hedge fund, could be in line to make a profit of around ¥100 billion ($768 million) from Toshiba Corp’s buyout by a consortium led by domestic private equity firm Japan Industrial Partners, according to
Hedge funds and other holders of $17 billion of Credit Suisse bonds have seen their investments wiped out completely under the terms of the bank’s $3 billion acquisition by rival UBS, according to a report by the Financial Times.
Trading Technologies International, a global capital markets technology platform provider, has acquired London-based AxeTrading, a global provider of fixed income trading solutions. Terms of the transaction have not been disclosed.
London-based hedge fund Fasanara Capital has teamed with an investment bank focused on sports-related investments to create a new product that aims to make a profit from the player transfer market, according to a report by Bloomberg.
South Korean activist investor the Korea Corporate Governance Improvement Fund, is to sell its 6.92% stake in Osstem Implant Co to a consortium of private equity firms looking to gain control of the dental implant specialist, according to a report
Fast-growing private equity firm Catalio Capital Management is to acquire HealthCor, a healthcare-focused equities hedge fund firm founded by veteran healthcare investors Art Chen and Joe Healey.
Short sellers are on track for their first annual gain since 2018 on the back of a steep decline in US equities this year coupled with bets against megacap stocks including Tesla and Amazon.com, according to a report by Reuters.
Citadel, the hedge fund firm founded by billionaire investor Ken Griffin, saw its gains so far in 2023 reach almost 32% following another month of positive performance in November, according to a report by CNBC.
