Activist hedge fund Engine Capital, which has been agitating for a shakeup at US convenience store and fuel station owner Parkland Corp, is to oppose the re-election of the company’s board members, according to a report by the Globe and
Hong Kong-based hedge fund BFAM Partners, an investment vehicle of US hedge fund Davidson Kempner, and other investors, have filed a lawsuit in New York seeking $201 million in debt repayment from Chinese property developer Glory Health, according to a
TS Imagine, a cross-asset provider of trading, portfolio, and risk management solutions for sophisticated investors and their teams, has expanded its team in North America with two key additions to its sales team.
At least four new hedge fund firms are on target to raise more than $1 billion by the end of this year, as fundraising returns to levels not seen since before the global pandemic, according to a report by Bloomberg.
Total hedge fund capital increased for the second consecutive quarter in the first three months of the year, as investors allocated new funds while key banking and financial risks surged and the risk of a recession increased, according to the
Hedge funds and other leveraged investors upped their net short positions on 10-year US Treasury futures to a record 1.29 million contracts as of 18 April, in an apparent show of confidence that the US economy can avoid a recession,
US financial regulators are considering new proposals which would make it easier to more closely regulate non-bank financial institutions, including hedge funds, asset managers and insurers, according to a report by the Financial Times. New guidance issued by the Financial
Citadel, the hedge fund firm founded by Ken Griffin, is betting against Deliveroo and has opened up a £27 million short wager against the food delivery company, according to a report by The Daily Telegraph.
Digital asset investment products saw outflows totalling $30 million last week, bringing to an end a six-week run of inflows, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares. The outflows began on 14 April when bitcoin
Abacus Group, a managed security services provider for hedge funds and other alternative investment firms, has appointed Jonathan Shapiro as the firm’s first chief revenue officer. Â
