Hedge funds, led by tech-centric firms including Whale Rock Capital Management and Light Street Capital Management, are on track for a year of bumper returns having recoded big gains in the first half of 2024, according to a report by
Financial services software provider Iress has appointed Alistair Morgan to the newly created role of Executive Managing Director – UK.
Jefferies Financial Group is in the process of winding down its hedge fund, 352 Capital, following a lawsuit against a former portfolio manager over alleged fraud, according to a report by Bloomberg citing sources familiar with the matter.
Hedge funds Nut Tree Capital Management and Caspian Capital have made a joint offer to acquire Martin Midstream Partners, in a bid to thwart a proposed buyout of the fuel storage and transport company by its largest shareholder, according to
South Korea has filed an appeal against a ruling by a Hague-based arbitration court that ordered the country to pay $32m to US hedge fund Mason Capital Management as compensation over its intervention in the 2015 merger of two Samsung
The Depository Trust & Clearing Corporation has launched a new public-facing Value at Risk calculator allowing market participants to evaluate potential margin and clearing fund obligations associated with DTCC’s Fixed Income Clearing Corporation government securities division.
Laser Digital, Nomura’s digital asset subsidiary, has partnered with 40TC, a provider of connectivity services for digital assets and FX, by integrating 4OTC’s 1API service for ultra-low latency connectivity to multiple exchanges globally.
Anthony ‘the Mooch’ Scaramucci’s SkyBridge Capital has restricted client withdrawals from its crypto-focused hedge fund, even as the fund’s returns have soared, according to a report by Bloomberg citing a recent regulatory filing.
Galapagos Global Capital Management, the US-based hedge fund manager of Brazilian-founded Investment Company Galapagos Capital, has selected State Street Corporation to provide a range of fund services for two of its funds.
Ron Ozer, a specialist in natural gas trading known for making significant bets in the volatile market, has managed to reduce losses at his Miami-based hedge fund Statar Capital after experiencing double-digit declines earlier in the second quarter, according to
