Global law firm K&L Gates has expanded its hedge fund advisory capabilities with the hire of Robert Leonard, a seasoned attorney from Dechert LLP, as a Partner in its Asset Management and Investment Funds (AMIF) practice in New York.
Brevan Howard Asset Management’s star macro trader Minal Bathwal has delivered a standout first-half performance, with his flagship MB Macro Master Fund gaining 9.8% through June, according to a report by Bloomberg citing unnamed people familiar with the matter.
Man Group, the world’s largest publicly listed hedge fund firm, posted record assets under management (AUM) of $193.3bn at the end of June, buoyed by its strongest-ever quarterly inflows, even as some of its core alternative strategies underperformed, according to
Steve Barclay, a former senior portfolio manager at Millennium Management, has launched a new energy-focused hedge fund, Saber Capital, with seed backing from institutional allocator New Holland Capital, according to a report by Bloomberg citing unnamed sources familiar with the
South Korea has paid US hedge fund Mason Capital Management KRW74.6bn (approximately $54m), following a ruling by the Permanent Court of Arbitration (PCA) in a high-profile investor-state dispute settlement (ISDS) case linked to Samsung’s 2015 merger, according to a report
Digital assets firm OSL, which offers institutional-grade trading, custody, and SaaS infrastructure, has raised $300m in fresh capital to fuel its global expansion, marking one of the largest funding rounds in the crypto sector this year, according to a report
Brevan Howard Asset Management is strengthening its digital asset ambitions with the hire of David Kalk, a former trader at Peter Thiel’s family office, to manage a new portfolio within its $1bn BH Digital Multi-Strategy Fund, according to a report
Pure Crypto delivered over 11x net returns from January 2018 through December 2024 — making it the best-performing hedge fund-of-funds across all strategies globally since launch, based on a review of multiple hedge fund databases.
Robert Gagliardi, a former trader at Evolution Capital Management, is suing the hedge fund for breach of contract after allegedly being denied a $7.5m discretionary bonus, despite claiming he was responsible for 97% of the fund’s revenues during his 11-month
Balyasny Asset Management has tapped former Segantii trader Benoit Pedrono as a Portfolio Manager focused on equities and delta one strategies, marking a notable hire in its continued Asia expansion, according to a report by eFinancial Careers.
