Michael Haddad, the former deputy CIO and interim CIO of the New York City Comptroller’s Bureau of Asset Management, has been appointed as deputy chief investment officer at Cinctive, a New York-based hedge fund with over $1 billion in assets,
Eisler Capital, the $4.3 billion hedge fund firm founded by Edward Eisler, has added another bank trader to its team, with the appointment of Hersh Patel as a portfolio manager based in London, according to a report by eFinancial Careers.
US hedge fund manager Tom Wagner, the co-founder of Knighthead Capital Management, which oversees about $9 billion and focuses on event-driven investing and distressed credit, has had his takeover of Birmingham City FC apportioned by the English Football League (EFL).
US hedge fund Citadel’s portfolios all made money in the first five months of the year with the firm’s flagship portfolio chalking up a return of 6.14% to the end of May, according to a report by Reuters.
Digital asset investment products saw outflows totalling $62m last week, marking the seventh week of outflows which now total a combined $329m, according to the latest Digital Assets Fund Flows Weekly report from CoinShares. Tron, the smart contracting platform, was
SS&C Technologies Holdings now has more than 150 clients using its Trade Matching & Settlements Service to support post-trade execution functions. The growth comes as the US funds industry gears up for trade settlement cycles shortening to T+1 in 2024.
Oliver Jacomb, head of prime brokerage sales for Europe, Middle East and Africa at BNP Paribas, has become the latest former Deutsche Bank executive to leave the bank after the French lender acquired its rival’s prime business, according to a
Rob Luciano, the founder of Australian hedge fund firm VGI Partners, is taking a ‘sabbatical’ from the business one year after his firm completed a merger with Phil King’s Regal Funds Management, according to a report by the Financial review.
New York-based multi-strategy hedge fund firm Schonfeld has continued its hiring spree with senior appointments on both sides of the pond – portfolio manager Andrew Prentice in London, and head of business analytics Amit Gupta in the Big Apple, according
Hedge funds posted mixed performance in May as banking volatility evolved throughout the month following the closure and acquisition of First Republic Bank by JPMorgan. While Financials and Energy declined, Technology and AI surged through May. The HFRI 500 Fund
