Preserver Partners LLC, a diverse-owned, and female-led manager of opportunistic multi-strategy funds for institutional and accredited investors through private funds, a separately managed account and a liquid alternative mutual fund, has appointed Caroline Lovelace as chief investment officer. Lovelace joined
Nickel Digital Asset Management, a London-based crypto hedge find firm founded by former Goldman Sachs executive director Anatoly Crachilov, has been building out its quant division recently with the addition of two new recruits, according to a report by eFinancial
Shares in Chinese education companies and the stocks of US tech companies expected to benefit from AI systems including ChatGPT, attracted the attention of large Asian hedge funds in the first quarter of the year, according to a report by
New York-based hedge fund manager Scopia Capital Management is to launch a new market neutral UCITS fund – the Scopia Market Neutral Strategy – on Kepler Partners’ Kepler Liquid Strategies (KLS) UCITS platform at the end of the second quarter
The hedge fund industry built on its prior month’s gains in April, returning 0.41% for the month, according to the Barclay Hedge Fund Index compiled by BarclayHedge. By comparison, the S&P 500 Total Return Index gained 1.56% in April. For
Pershing Square, the $15.5 billion hedge fund firm found by Bill Ackman, has built a new stake in Google parent Alphabet Inc worth $1.1 billion during the first quarter of the year, according to a report by Reuters
Appomattox Advisory Inc, a New York-based Outsourced Chief Investment Officer firm founded in 2005, has appointed Grange Johnson as deputy CIO, focusing on portfolio construction, manager research and business development.Â
FFP, an offshore fiduciary and restructuring practice, has launched a new fund administration business in the Cayman Islands providing a broad range of fund-focused services to hedge funds, private equity firms, venture capital funds and family offices.
ARK36, a Cyprus-based alternative investment digital asset fund, has launched a new proprietary machine learning-based trading software system, which is aimed at improving the way its portfolio management team can navigate cryptocurrency trading. ARK36 says the new software leverages “advanced
Citadel Securities, the market-making firm founded by Ken Griffin, the founder of hedge fund Citadel, is suing two former employees, claiming that they stole “trade secrets” when they set up their own market-making firm for cryptocurrencies, according to a report
