Activist investment firm Jana Partners has established a position in AI-focused data management company Everpure after accumulating shares under confidential treatment, according to a report by Yahoo Finance.
Tower Research Capital has strengthened its exchange-traded funds (ETF) capabilities with the appointment of former Citadel Securities executive Yacin Dolivet as a quantitative researcher.
Millennium Management is backing the launch of a new quantitative hedge fund founded by former Citadel researcher Paul Dou, as investor demand for systematic strategies continues to grow, according to a report by Bloomberg.
Polar Capital is exploring the sale of a portfolio of residential mortgage-backed securities as tightening credit conditions and growing demand for private lending continue to reshape the structured finance market, according to a Bloomberg report.
Atlantic Wolf Capital, the healthcare-focused hedge fund launched by former Coatue portfolio manager Aaron Weineris being wound down as Weiner prepares to rejoin Coatue, according to a Bloomberg report.
King Street Capital Management is undertaking a broad restructuring of its investment business following a period of disappointing performance and the departure of several senior partners, according to a Bloomberg report.
The UK’s Financial Conduct Authority (FCA) has proposed targeted changes to the listing regime for closed-ended investment companies, seeking to address governance issues highlighted by activist campaigns led by US hedge fund Saba Capital, according to a report by the
CME Group plans to launch wind power derivatives across the US, Europe and Australia as renewable energy becomes a larger part of global electricity markets, according to a report by Bloomberg.
A former Element Capital Management trader has been ordered to forfeit more than a year’s worth of compensation after an arbitrator found he disclosed confidential information before joining rival hedge fund Squarepoint Capital, according to a report by Bloomberg.
Fortem Capital has launched the Fortem Capital Managed Futures Fund, a daily-dealing UCITS strategy designed to provide investors with lower-cost access to managed futures while addressing some of the challenges associated with traditional CTA allocations.
