Berry Street Capital, a London- headquartered hedge fund run by Ex-Paulson Partner Orkun Kilic, is shutting down, according to a report by Bloomberg.
Hedge fund capital surpassed the $4 trillion milestone to begin the fourth quarter, according to data by HFR, a global insights provider in the alternative investment industry, specializing in the indexation and analysis of hedge funds.
Hedgeweek and Private Equity Wire have announced the winners of the European Credit Awards, which recognise excellence in fund performance and service provider excellence across credit funds.
Eisler Capital Management, the fund founded by Edward Eisler, the former co-head of Goldman Sachs securities business, has upped the referral bonus it will offer to current staff who refer new portfolio managers to the fund, according to a report
Pershing Square Capital Management, the hedge fund led by Bill Ackman, has covered its bond short position according to a report by Reuters.
Hedge funds across the globe are reducing their exposure to mega cap tech firms, according to a report by Reuters that cites data from JPMorgan Chase’s positioning Intelligence Unit.
Digital asset investment products saw inflows for the fourth consecutive week totalling US$66m, according to the latest CoinShares Digital Asset Fund Flow report. This brings the total AUM up to $33bn.
Elliot Management Corporation, one of the world’s largest activist funds with over $71bn in AUM, has disclosed that it now holds 9% of supply chain software platform E2open’s tradable stocks.
Bill Ackman, the founder of Pershing Square, has made profits of about $200m from his bet against thirty year US treasury bonds, according to a report by the Financial Times.
Yorkville Advisors, a New Jersey based hedge fund, has signed a standby equity subscription to buy over $1bn VinFast Auto company shares, according to a report by Forbes.
