Olek Gajowniczek has become the latest departure from Nomura’s rates team, leaving the Japanese bank after nearly a decade to join multi-strategy hedge fund Balyasny Asset Management as a Rates Portfolio Manager based in London, according to a report by
Paloma Partners, the hedge fund founded by Donald Sussman, is opting to repay investors seeking to withdraw funds with a mix of cash and IOUs following a wave of redemption requests, according to a Wall Street Journal report.
Taula Capital, the hedge fund founded by former Citadel and Millennium portfolio manager Diego Megia which launched in April with $5bn in assets and is on track to hit $6bn by March next year, has halted hiring after its headcount
Pythagoras Investments, a New York-based cryptocurrency hedge fund, is to close its flagship Absolute Return Fund to new capital starting early next year following a surge in performance which has attracted significant investor interest, according to a report by Financial
Point72 Asset Management is expanding its Asia operations with the addition of two portfolio managers in Hong Kong from Symmetry Investments, as the $35bn hedge fund firm looks to capitalise on broader economic trends, according to a report by Bloomberg.
A new platform from Navatar Group is aiming to help traders to tap into sell-side intelligence by automatically capturing and consolidating valuable insights gleaned from their daily interactions with bank and brokerage sales teams.
Millennium Management, one of the world’s largest multi-strategy hedge fund firms, is investing nearly $3.3bn in two newly formed trading teams as part of its aggressive push to expand its portfolio of internal and external talent, according to a report
Permutable AI, a fintech focused on AI, has launched what it says is the world’s first generative AI-powered API for commodities trading aimed at bringing advanced capabilities specifically to commodities trading desks.
Activist investment firm Metage Capital has called on HarbourVest Global Private Equity (HVPE) to either introduce quarterly tender offers to address its significant share price discount or liquidate its £3.4bn ($4.3bn) portfolio, according to a report by CityWire.
Hedge fund assets reached an all-time high of $4.5tn in October, driven by strong performance across several investment strategies, and underpinned by a 7.4% YTD return in the HFRI Fund Weighted Composite Index, according to a report by Wells Fargo
