Activist hedge fund Sachem Head Capital Management has secured a board seat at Six Flags Entertainment, intensifying investor influence over the struggling theme park operator following months of pressure to improve performance, according to a report by Reuters.
HoldCo Asset Management, the $2.6bn activist hedge fund specialising in financial institutions, has built a 3% stake in Eastern Bankshares and is pressing the 200-year-old Boston lender to pursue a sale rather than continue its acquisition spree, according to a
Activist hedge fund Elliott Investment Management is positioning itself for another major restructuring play, this time targeting Citgo Petroleum, as the long-running court-ordered auction of the Venezuela-owned refiner nears its conclusion, according to a report by Reuters.
Harvard University’s endowment surged to $56.9bn in fiscal 2025, up nearly $4bn year-on-year, as robust gains from hedge fund and private equity allocations offset political headwinds and federal funding cuts, according to a report by Reuters.
While retail traders double down on their “buy-the-dip” mantra, hedge funds are taking the opposite tack — cutting risk and buying protection as market volatility creeps higher, according to a report by Bloomberg citing data from Citadel Securities.
Hedge funds domiciled in the Cayman Islands may hold $1.4tn more in US Treasuries than official data indicates, with the discrepancy underscoring how basis trades and repo financing mask the scale of hedge fund exposure, according to a report by
Traders at leading hedge funds are now pocketing almost a quarter of the profits they generate for investors, according to report by the FT citing a Goldman Sachs report, as multi-manager firms like Citadel and Millennium extend their dominance in
D1 Capital Partners, the $24.5bn hedge fund firm founded by Dan Sundheim, is looking to raise more than $1bn for its first dedicated private equity fund, underscoring the growing pivot among hedge funds toward longer-duration, illiquid investments, according to a
Elliott Investment Management, the $76bn multi-strategy hedge fund led by billionaire Paul Singer, is raising up to $7bn in a new drawdown vehicle, underscoring the firm’s readiness to deploy capital across opportunistic trades, according to a report by Bloomberg.
Man Group Plc, the world’s largest publicly traded hedge fund, reported record assets under management of $213.9bn in the three months to the end of September, driven by strong inflows into long-only strategies and a recovery in flagship quant funds,
