Mark Edwards, the Chief Executive Officer of Rokos Capital Management, is to step down from the role in the first quarter of 2023, with a small group of executives then set to share senior management responsibilities at the firm, according
Itau Asset Management, a Brazil-based money manager inspired by Ken Griffin’s Citadel and Izzy Englander’s Millennium Management, has appointed Bruno Serra, a former director at Brazil’s central bank, to raise money for a new family of funds in its
A group former Sculptor Capital Management executives led by founder Dan Och has sued the hedge fund and its proposed acquirer Rithm Capital Corp, saying that the $676m is aimed at protecting current CEO Jimmy Levin rather than maximising shareholder
ExodusPoint Capital Management, the New York-based hedge fund firm found by Millennium Management alumni Michael Gelband and Hyung Lee, has appointed She Xu, a form portfolio manager at rival Balyasny Asset Management as its new Head of AI, according to
ASK Asset and Wealth Management, an India-based wealth and asset management firm, has added hedge funds to its Alternative Investment offering through the launch of a new business vertical, ASK Hedge Solutions.
Trumid, a financial technology company and fixed income electronic trading platform, has named Jason Quinn, a former portfolio manager at Millennium Management and a founding member of the firm’s leadership team as Global Head of Sales.
The percentage of side letters executed with ‘mature’ hedge fund managers has risen to the highest level seen in eight years, according to the latest edition of an annual study by financial services law firm Seward & Kissel.
James Hanbury, the former Odey AM Portfolio Manager who moved with his fund and team to Lancaster Investment Management in July, is betting against private equity in the belief that falling company valuations and rising interest rates will prove a
Trian Fund Management, the activist hedge fund firm run by Nelson Peltz, has built a holding in Allstate Corp, one of the insurers impacted by the fallout of natural disasters including the Maui wildfire in Hawaii, according to a report
Hedge fund JAT Capital has warned Overstock.com that it may seek seats on the company’s board if it doesn’t consider selling certain assets and overhauling its management and compensation, according to a report by Reuters.
