Qube Research & Technologies is expanding its US footprint with a new office at BMO Tower, leasing just over 29,000 square feet on the building’s 39th floor, according to a report by The Real Deal. The space will become the
Freestone Grove, an equities-focused multi-manager hedge fund launched in 2024 by ex-Citadel executives Todd Barker and Daniel Murillo, has quietly doubled its assets to over $6bn while maintaining a relatively low profile, according to a report by Business Insider.
Elliott Investment Management’s attempt to acquire Venezuela’s Citgo Petroleum Corp has been delayed amid concerns from the Trump administration over the deal’s valuation and associated political risks, according to a report by Bloomberg.
Major asset managers including Balyasny Asset Management and BlackRock are increasingly leveraging artificial intelligence to extract investment insights from their own internal data, as traditional alternative data sources lose their competitive edge, according to a report by Business insider.
RG Niederhoffer Capital Management has reported a 27.4% gain in its flagship Macro Diversified Fund in Q1 2026, including a 13.8% return in March.
Two Sigma Investments’s flagship hedge funds delivered strong returns in March, outpacing many multi-strategy peers despite internal management upheaval and market volatility throughout the month, according to a report by Bloomberg.
Several high-profile equity-focused hedge funds including Tiger Global Management, suffered significant losses in March as the conflict between the US, Israel, and Iran rattled global markets, according to a report by Bloomberg.
Bill Ackman’s Pershing Square Capital Management has put forward a proposal to acquire Universal Music Group (UMG) through a transaction that would relocate the company’s listing from Amsterdam to New York, according to a report by the Financial Times.
Hedge funds have shifted to a net long position in wheat for the first time in nearly four years, reflecting growing confidence in higher prices amid geopolitical tensions and adverse weather conditions, according to a report by Bloomberg.
Scott Hoffman cited “ongoing governance challenges” as the reason for his resignation as co-CEO of $70bn hedge fund Two Sigma after less than two years in the role, according to a report by Bloomberg citing a 31 March regulatory filing.
