US distressed debt hedge fund Strategic Value Partners (SVP) is pushing back against Indian auto parts giant Samvardhana Motherson’s proposed $2bn takeover of Marelli, a Japanese car components supplier backed by KKR, according to a report by the Economic Times.
The United Arab Emirates is rapidly positioning itself as a global hedge fund centre, with a new report from IG Prime suggesting the country’s financial hubs – Dubai International Financial Centre and Abu Dhabi Global Market – could reshape the
The Managed Funds Association has called on the UK government and regulators to overhaul the Alternative Investment Fund Managers Directive regime, proposing reforms that would reduce operational burdens for hedge funds while bolstering the UK’s global competitiveness.
Bobby Jain’s Jain Global has reported strong early results from its UK operation, with the London entity – Jain Global UK Partners – posting revenue of £56.8m between September 2023 and December 2024, according to a reports.
Hedge fund strategies across event-driven, equity hedge, and cryptocurrency led the industry’s performance gains in May, buoyed by easing volatility, improving macro sentiment, and continued momentum in equity markets, according to data from HFR.
Jorn Grodeland, a 17-year veteran of Brevan Howard, where he held a Portfolio Manager role, has joined ExodusPoint Capital Management, the New York-headquartered hedge fund firm founded by Michael Gelband and Hyung Lee.
BMO Global Asset Management has launched a new hedge fund product in partnership with Goldman Sachs Asset Management, aimed at bringing high-conviction hedge fund strategies to accredited Canadian investors seeking low volatility, uncorrelated returns.
David Sokol’s Teton Capital has launched a launching an activist campaign aimed at shaking up the governance and cost structure at Atlantic Union Bank after quietly building a stake approaching 5% in the $4.4bn regional bank, according to a report
Elliott Investment Management has gone public with a rare activist campaign in Japan, urging Sumitomo Realty & Development to significantly improve shareholder returns and overhaul its governance practices – asserting the company is undervalued by at least 40%, according to
In an unusual career pivot, Eike Schick, a 37-year-old partner at Citadel in London, has stepped away from the high-stakes world of hedge fund trading to enrol as a student at King’s College London, according to a report by eFinancial
