Private credit investors are facing growing uncertainty over recovery prospects in software lending as artificial intelligence accelerates structural disruption across the sector, according to hedge fund Davidson Kempner Capital Management LP.
Aspect Capital is broadening international access to its China-focused systematic trading programme, making one of its futures strategies available to global investors for the first time amid growing demand for diversification beyond traditional equity markets, according to a report by
Activist investor Jana Partners is renewing pressure on insurance group Markel Group Inc to simplify its structure by divesting its ventures arm and returning capital to shareholders through a substantial share repurchase programme, according to a report by Bloomberg.
Chris Rokos’ hedge fund is moving forward with its expansion into the Middle East after receiving regulatory approval to establish an office in Abu Dhabi, reinforcing the emirate’s position as a growing centre for global asset managers, according to
Shares in Pershing Square’s newly listed investment vehicles recovered in their second day of trading, supported by disclosures that founder Bill Ackman (pictured) increased his personal investment in both entities following their IPO, according to a report by Bloomberg.
Whitbread has unveiled a major strategic overhaul that includes a £1.5bn sale-and-leaseback of its property portfolio and the exit of its branded restaurant operations, following sustained pressure from activist investor Corvex Management, according to a report by the Financial Times.
Paloma Partners is reducing headcount by nearly a dozen employees, including senior strategy, marketing, and compliance roles, as the $1.1bn multi-strategy hedge fund continues a broader restructuring under its current leadership, according to a report by Business Insider.
Anaconda Invest SA, a Swiss hedge fund focused on energy transitionhas returned approximately 39% year-to-date, according to a report by Bloomberg citing comments by founder and chief executive Renaud Saleur, outperforming broader energy benchmarks such as the S&P Global Oil
Verition Fund Management has experienced notable turnover in its credit trading team, with two senior hires from major investment banks reportedly leaving the firm within a relatively short period after joining, according to a report by eFinancial Careers.
Activist investor ADW Capital, led by Adam Wyden, has submitted an unsolicited offer to acquire automotive services group Driven Brands Holdings Inc in a deal valued at nearly $3bn, escalating its campaign for strategic change at the company, according to
