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.
Vinci Compass, the Nasdaq-listed alternative investment firm, is in advanced discussions to acquire Verde Asset Management, one of Latin America’s most storied hedge funds, in a strategic deal that would mark a major consolidation in Brazil’s alternative investment sector, according
Hedge funds sharply reduced exposure to technology stocks last week, marking the sector’s largest weekly sell-off in a year, according to a report by Reuters citing a note from Goldman Sachs The rotation comes even as the S&P 500 hit
Alternative credit manager Arini the $10bn credit-focused hedge fund firm founded by Hamza Lemssouguer, has successfully arranged a refinancing package for Vita Group, the specialist student housing owner, operator and developer.
Ray Dalio, founder of Bridgewater Associates, has issued a stark warning about rising debt levels in Western economies, singling out the UK as being trapped in a “debt doom loop”, and advising investors to allocate to gold or bitcoin, according
