Man Group has completed its previously announced acquisition of Varagon Capital Partners, a US middle market private credit manager with $11.8bn of assets under management and $15.4bn of total client commitments, having received all necessary regulatory approvals.
The Financial Stability Board (FSB) has warned that some hedge funds now have “very high levels of synthetic leverage”, debt created by the use of derivatives or other financial instruments that frequently does not show up on balance sheets, according
The US Federal Reserve’s apparent ‘higher-for-longer’ thinking on interest rates, coupled with rising Treasury yields, means that the current rally in the US dollar has further to go, making the greenback “too risky to short”, according to a report by
Former Millennium Management executive Bobby Jain is continuing preparations for what is expected to be one of the biggest hedge fund debuts in history by making a number of key appointments and securing office space around the world, according to
FXCM Pro, the institutional arm of FXCM, a provider of online foreign exchange trading, CFD trading and related services, has formed a liquidity bridging partnership with Tools for Brokers (TFB), a technology provider for hedge funds proprietary traders and retail
Steve McDonald, a director in Bank of Nova Scotia’s treasury group, is leaving the Toronto-based bank to take up a new role as a director in the portfolio risk group at multi-strategy hedge fund Polar Asset Management Partners, according to
Jonathan A Danziger, General Counsel and Chief Compliance Officer at Glenview Capital Management, the $8.7bn New York-based hedge fund founded by Larry Robbins, is leaving the firm to join Lowenstein Sandler as a Partner in its investment management group.
Trium Capital, a multi-portfolio manager alternative asset management firm, has launched the Trium Multi-Strategy UCITS Fund, bringing a portfolio of liquid alternative strategies to its expanding European investor clientbase.
The dramatic increase in global interest rates over the past 18 months has prompted hedge fund investors to warn managers that they face an increased risk of redemptions and pressure to cut fees unless they can improve their performance, according
Man Numeric, the quant investment arm of Man Group, the world’s largest listed hedge fund manager, is aiming to execute 100% of its high-yield and investment-grade bond trades via digital platforms within two years, according to a report by Bloomberg.
