London-based hedge fund Caxton Associates has chalked a $270m gain this month leverage strategic bets on both US Treasuries and the Japanese yen to boost performance amid recent market volatility, according to a report by the Financial Times.
An activist fund at Boaz Weinstein’s Saba Capital Management, which focuses exclusively on investments in BlackRock’s closed-end products, surged by 22% this year up to the end of July, according to a report by Bloomberg.
Former Engine No. 1 executive Charlie Penner, known for his landmark shareholder campaign against Exxon Mobil Corp over three years ago, has secured backing from the late Julian Robertson’s Tiger Management for his new activist venture, Ananym Capital Management, according
Arini Capital, the credit hedge fund firm launched by former Credit Suisse trader Hamza Lemssouguer in 2022, has reported strong performance rebound for its flagship fund which posted a 7% gain in July after a disappointing first half of the
The 16Rock Municipal Opportunities Fund, which is managed by former BlackRock trader James Pruskowski, has delivered a 20% return over the past year, outpacing the muni bond market by 16 percentage points and a broad hedge fund index by 11,
Hedge funds gained in July as recession fears mounted and volatility spiked into month-end, preceding an historic equity market drop to begin August, sparked partly by a steep decline in large cap tech equities, according to HFR.
Arkaim Advisors, a specialist in emerging market corporate debt investments, is to launch a new hedge fund, which will focus on global distressed and credit opportunities – with an particular emphasis on emerging markets.
Recent market turbulence has propelled Brevan Howard Asset Management’s flagship hedge fund, the $12bn Brevan Howard Master Fund, into profit for the year, reversing earlier losses, according to a report by Bloomberg.
Former BlueCrest Capital Management trader Mohit Khurana’s hedge fund, Southern Ridges Macro, has cut back on risk after incurring significant losses in the recent global market turmoil, according to a report by Bloomberg.
Vista Equity Partners has told investors that it has decided to wind down its hedge fund and related feeder funds due to a significant “structural shift” in markets favouring private assets, according to a report by Bloomberg.
