Chris Procaccini, previously the head of the healthcare division at Magnetar Capital, the US hedge fund founded by former Citadel exec Alec Litowitz, has joined multi-strategy hedge fund major Millennium Management as a Senior Portfolio Manager, according to a report
Bridgewater Associates, the world’s largest hedge fund, increased its stake in Tesla during the fourth quarter while trimming exposure to the so-called “Magnificent Seven” tech stocks, according to a report by Reuters, citing the firm’s latest regulatory filing.
Citadel, the multi-strategy hedge fund major founded by Ken Griffin, has taken a £305m ($384.5m) short position in GSK, which equates to 0.515 of the British pharmaceutical giant’s stock, according to a report by the Financial Times.
Kaifeng Investment Management, a macro hedge fund that posted an impressive 76% gain last year, believes the market is underestimating the potential for significant US interest rate cuts in 2026, according to a report by Bloomberg.
Nicolás Dujovne, who served as Argentina’s economy minister until 2019, saw his hedge fund firm Tenac Global Fund, deliver a stellar 22% net gain in 2024, buoyed by strategic bets on high-risk sovereign debt, particularly Argentine bonds, according to a
QuantCube Technology has launched the Hydric Stress Indicator, a new tool designed to help commodity traders, financial institutions, agricultural growers, and food producers to monitor drought risks in key crop-producing regions across 20 countries.
Cheyne Capital’s hedge fund focused on Europe, the Middle East, and Africa is significantly increasing its exposure to the United Arab Emirates, citing the country’s stability as a buffer against potential fallout from US President Donald Trump’s policies, according to
Institutional investors have been turning increasingly to hedge funds as private equity dealmaking remains subdued, choosing to reallocate capital rather than re-upping their PE investments after deals close, according to a report by Reuters citing a survey by BNP Paribas.
UK-based hedge fund Altana Wealth misused a competitor’s confidential information and trade secrets to establish its Venezuelan debt-focused fund, the Altana Credit Opportunities Fund, London’s High Court ruled on Thursday, as reported by Reuters.
Robert Citrone, founder of Discovery Capital Management and a member of the famed “Tiger Cub” group of hedge fund managers, is bracing for a stock market correction by significantly cutting his firm’s equity exposure, according to a report by Institutional
