Hedge fund Sculptor Capital Management, which in July agreed to be acquired Rithm Capital Corp in a deal valued at about $639m, has rejected an unsolicited rival bid from a group of hedge fund investors including Boaz Weinstein and Bill
The latest data from Goldman Sachs Group’s prime brokerage unit shows that hedge funds upped their short bets in eight out of the 10 previous sessions up to last Monday having rushed to unwind bullish stock bets as the recent
Credit Suisse has told its hedge fund and other institutional clients that it is shutting down its cash equity dales business as part of a global overhaul of the bank’s operations by new owner UBS Group, according to a report
Amir Fais, a former Goldman Sachs managing director and head of EMEA emerging markets rates trading who joined Eisler Capital as a macro and emerging market focused Portfolio Manager, in May, has left after just three months, according to a
Bell Rock Capital Management, a London-based hedge fund focused on equity market neutral and merger arbitrage strategies, is opposing Whitehaven Coal’s proposed multi-billion dollar deal to acquire two major BHP mines, according to a report by the Australian Financial review.
Oceanwood Capital Management, the hedge firm co-managed by Julian Garcia and Christopher Gate, is closing down, with Deputy CIO Garcia now planning launch his own hedge fund firm next year, according to a report by Bloomberg.
Cristian Cibrario, a portfolio manager at Man GLG, Man Group’s discretionary investment business, has left the firm to launch a new hedge fund, according to a report by With Intelligence.
Hedge funds delivered another month of impressive performance in July, with an overall weighted average return of 1.5% – one of their best months so far this year, albeit a slight decline from the 1.8% monthly high seen in June,
Multi-strategy hedge fund Balyasny Asset Management saw four portfolio managers depart its stock-picking business in early August, with two known to be heading to rival multi-manager firms, according to a report by Business Insider.
Investors are turning their backs on Ucits-managed hedge fund strategies with cash outflows in the first six months of the year totalling €19.4bn, way in excess of the total outflows seen in the whole of 2022, according to a report
