The European Energy Exchange (EEX) will conduct the auctions of emission allowances within the European Emissions Trading System EU ETS on behalf of the Federal Republic of Germany for another two years. The corresponding contract was extended by the German
The hedge fund industry extended its monthly inflow streak to nine consecutive months in November, bringing in USD19.3 billion in new assets.
A Market-neutral DeFi hedge fund has been launched by former investment manager Evgeny Gokhberg on London-based Falcon Investment Management’s multi-manager investment platform.
The stock of casino operator Bally’s Corp was up 24 per cent on Tuesday, after its biggest shareholder, hedge fund Standard General, which offered to acquire all of the company’s outstanding shares for USD38 a share, according to a MarketWatch
Sustainable energy stocks have attracted the interest of hedge fund short sellers, according to a report in the Financial Times, with managers betting that the prospect of interest rates rise will mean companies with strong environmental credentials but weak earnings
Post Road Group (Post Road), an alternative investment firm focused on middle-market corporate strategies and real estate, has closed the Post Road Special Opportunity Fund II LP with total capital commitments of more than USD300 million, exceeding the Fund’s target.
LexShares, a tech-enabled leader in litigation finance, has held the oversubscribed closing of the LexShares Marketplace Fund II (LMFII), a USD100 million fund dedicated to investments in commercial legal claims. LexShares’ deployment of the fund will be overseen by new
London-based hedge fund firm Lodbrok Capital’s European Credit Opportunities Fund was up 32 per cent last year, according to a report by Bloomberg. The returns came on the back of investments in Swiss bakery firm Aryzta AG, UK oil services
Trian Fund Management, the activist hedge fund run by Nelson Peltz, has acquired a stake in Unilever Plc, according to the Financial Times and Reuters.
LoCorr Funds, a provider of low-correlating investment solutions, has marked the 10-year anniversary milestone of its Long/Short Commodities Strategy Fund (LCSAX, LCSCX, LCSIX). LoCorr Long/Short Commodities Strategy Fund is a multi-manager commodities strategy with the flexibility to take both long
