A growing number of distressed French private equity portfolio companies – including EQT-owned care home group Colisée and lab operator Cerba – are attracting attention from hedge funds, according to a report by the Financial Times.
Activist hedge fund Parvus Asset Management is building a stake in Novo Nordisk, according to a report from the Financial Times, as the Danish pharmaceutical giant faces increasing investor scrutiny over its positioning in the rapidly evolving weight-loss drug market.
Boaz Weinstein, founder of activist hedge fund Saba Capital, has reaffirmed his commitment to the UK investment trust space, vowing to allocate billions more into what he sees as undervalued and mismanaged vehicles, according to a report by Bloomberg.
Artisan Partners will shutter its dedicated China equity strategy and fully liquidate the portfolio by the end of June, citing sustained headwinds from geopolitics, policy uncertainty and deteriorating investor sentiment, according top a report by Reuters.
Hedge funds are facing political and regulatory heat in California over their involvement in wildfire-related subrogation claims, with state authorities accusing investors of exploiting catastrophe-linked insurance recoveries for profit, according to a report by Bloomberg.
One of the hedge fund industry’s most high profile new entrants, Taula Capital Management, has pulled off a high-profile hiring coup, securing veteran Morgan Stanley trader Mehdi Belhachmi just weeks before he was set to join Goldman Sachs, according to
Korea Post has appointed Mirae Asset Global Investments to manage a newly launched overseas hedge fund mandate, targeting an initial investment of KRW500bn ($368m), according to a report by Asia Asset Management.
More than 70% of hedge funds are now allocating to private markets, as investor pressure for stronger returns pushes managers to diversify beyond traditional strategies, according to new data from IG Prime’s prime brokerage business.
Class A creditors, which include hedge funds Elliott Management and Silver Point Capital, are spearheading a £10bn ($13.5bn) restructuring plan to rescue Thames Water, the UK’s largest water utility, as the company teeters on the edge of insolvency, according to
Hedge funds stepped up their equity exposure last week at the fastest pace since November 2024, according to a report by Reuters citing note from Goldman Sachs Prime Brokerage, as global stock markets wrapped up their strongest May in decades.
