Akin has appointed hedge fund lawyer James Munsell as a partner in its investment management practice in the New York office. Munsell joins from Sidley Austin, where he also held the position of partner.
Activist investment firm Blackwells Capital, and a shareholder of The Walt Disney Company (Disney), has nominated three candidates for election to the entertainment giant’s Board of Directors – Jessica Schell, Craig Hatkoff and Leah Solivan.
Investors in DE Shaw’s largest hedge fund saw a return of almost 10% in 2023, after fees, as multi-strategy and macroeconomic funds chalked up mixed performance during a year of volatile trading conditions, according to a report by Reuters.
Hedge funds chalked up their best returns since January in November, with Citco’s latest Monthly Hedge Fund Update revealing that funds administered by the firm generated a weighted average return of 3.35% for the month, according to a report by
Discovery Capital Management, the hedge fund firm led by ‘Tiger cub’ Rob Citrone, recorded a 48% return with its macro hedge fund in 2023, making it one of the top performers among funds betting on economic trends, according to a
Point72 Asset Management, the hedge fund firm run by Steve Cohen, has joined a group of investors that have built up a big bet against shares of British wealth management firm Hargreaves Lansdown, according to a report by The Times.
Prosecutors have opted not to pursue a second trial against Sam Bankman-Fried, the former boss of collapsed cryptocurrency exchange FTX and related hedge fund firm Alameda Research, according to an Associated Press report.
CoinShares International Limited, one of Europe’s leading alternative asset manager specialising in digital assets, has added Lewis Fellas, the company’s Head of Hedge Fund Solutions, to its Executive Management Committee.
US law firm Seward & Kissel LLP has promoted four private investment fund lawyers – Counsels Jay Baroody, and Kevin Cassidy, and Associate Brett Cotler – to partner, with effect from 1 January, 2024.
TOP STORY: A surge in the price of raw uranium to 16-year highs has prompted tens of hedge fund firms to begin buying and stockpiling barrels of the raw nuclear power fuel, according to a report by the Daily Telegraph.
