Calderwood, a Cayman Islands boutique fund governance firm, has expanded its senior team with two key appointments – Jason Perras and Rena Strecker – who both join as Independent Directors.
Hedge funds finished November up 1.99% according to the gross return of the SS&C GlobeOp Hedge Fund Performance Index, while hedge fund flows, as measured by the SS&C GlobeOp Capital Movement Index declined 0.47% in December.
Activist hedge fund investor Carl Icahn is gearing up for a second board challenge at Ilumina as he looks to oust directors at the gene-sequencing company just months after shareholders elected one of his director candidates, according to a report
Multi-strategy hedge fund major Millennium Management is moving its European HQ to the firm’s former offices in Mayfair following a complete overhaul and extension of the property, according to a report by the Evening Standard.
Energy investing remains a focus for Balyasny Asset Management, with the Chicago-headquartered hedge fund firm currently hiring traders in Denmark, Singapore, and possibly London, according to a report by Bloomberg.
Ernst & Young, the receiver for failed Canadian hedge fund Traynor Ridge Capital Inc has said that efforts to wind don the company have so far found only $3m in cash, a fraction of the $94m in assets the firm
Global digital asset investment products saw minor outflows totalling $16m last week, bringing to an end an 11-week run of inflows, according to the latest Digital Asset Fund Flows Weekly Report from CoinShares.
AIMA, a global representative body for the alternative investment industry, along with the National Association of Private Fund Managers and Managed Funds Association, have filed a lawsuit challenging two new SEC rules.
Hedge funds and other large speculators switched to a net short position against the dollar last week for the first time since September amid growing expectations that the Federal Reserve will soon move to “non-recessionary” interest-rate cuts, according to a
Hedge fund Elliott Associates has been granted permission to appeal its court defeat over the London Metal Exchange’s (LME) decision to suspend nickel trading and cancel billions of dollars of trades last year, according to a report by Bloomberg.
