Jain Global, the hedge fund founded by ex-Credit Suisse trader Bobby Jain, has added Anthony Davis, a former Citadel Portfolio Manager specialising in convertible bond trading, to its team, according to a report by eFinancial Careers.
Market volatility in February dealt a blow to several major hedge funds, including Millennium Management, Citadel, and Jain Global, as crowded trades and unexpected macro shifts disrupted key strategies, according to a report by Bloomberg.
Norway’s $1.8tn sovereign wealth fund has taken its first steps into long-short equity hedge fund investing, with plans to allocate billions of dollars to the strategy in a bid to enhance returns, according to a report by the Financial Times.
Jeffrey Smith, the Chief Executive officer of Starboard Value has secured a seat on the board of Kenvue, as part of a settlement in the four-month proxy battle between the activist hedge fund and the consumer health company, according to
Australia’s AUD237bn Future Fund has appointed activist and event-driven hedge fund Effissimo Capital Management to its roster of active equity managers, joining the likes of Maple-Brown Abbott and Wellington Investment Management, according to a report by Investment Magazine.
Cyril Brudy, a Partner and Senior Portfolio Manager at hedge fund Dymon Asia, is moving to the firm’s Dubai office from Singapore, as the firm looks to bolster its operation in the emirate, according to a report by Financial News.
Digital assets investment solutions specialist Block Asset Management has launched a new multi-manager hedge fund designed to generate decorrelated alpha from digital assets markets while maintaining robust downside protection, according to a report by International Advisor.
Millennium Management founder Izzy Englander is considering distributing equity in the $76bn hedge fund firm to key executives for the first time, marking a significant shift in the firm’s structure as he prepares for its long-term future, according to a
Multi-strategy hedge fund major Millennium Management has committed $2bn to support the launch of Lane42 Investment Partners, a new alternative asset management firm founded by former Ares Management Executive Scott Graves.
Pierre Andurand’s flagship hedge fund has suffered a steep decline in the first two months of 2025, erasing its strong gains from last year as volatility continues to roil commodity markets, according to a report by Bloomberg.
