Activist investor Jana Partners has urged Alkami Technology, the fintech platform serving banks and credit unions, to explore a potential sale to either a rival firm or a private equity buyer, according to a report by reuters.
Geopolitics, policy uncertainty and diverging rate cycles are setting up a strong environment for macro and volatility-oriented hedge funds next year, according to a Bloomberg report citing senior leaders from Man Group, Brevan Howard and the Abu Dhabi Investment Council.
Activist hedge fund Starboard Value has acquired a nearly 5% stake in Clearwater Analytics (CWAN.N), pressuring the investment accounting software provider to unlock shareholder value, according to a report by Reuters.
Brevan Howard founder Alan Howard has confirmed that the hedge fund now manages more capital and employs more traders in Abu Dhabi Global Market than anywhere else globally, according to a report by Gulf News.
Michael Cembalest, chairman of market and investment strategy at JP Morgan Asset Management, has highlighted several “warning signs” in the hedge fund sector, despite strong overall performance this year, according to a report by Institutional investor.
Hedge fund Tiger Global Management is dialling back its venture-capital ambitions and returning to a more measured, early-stage strategy, as the firm seeks to rebuild credibility with investors following heavy markdowns across its private portfolios, according to a report by
Balyasny Asset Management has strengthened its equities long-short platform with the appointment of Luka Spoljaric, who joins from rival firm Walleye after a brief hiatus from the market, according to a report by eFinancial Careers.Baly
Activist fund Ananym Capital – co-founded last year by veteran campaigners Charlie Penner and Alex Silver – has built a significant stake in Siemens Energy and is pressing the German group to separate its loss-making wind business, according to a
Jack Woodruff, a former Citadel equities trader who launched Candlestick Capital in 2019, is shutting down the $2.1bn hedge fund after performance failed to meet his “extremely high standards,” according to a report by Bloomberg.
Abu Dhabi is preparing a $16bn expansion of its financial free zone, Abu Dhabi Global Market (ADGM), as global hedge funds continue to scale up in the emirate and office space hits capacity, according to a report by Bloomberg.
