Teleios Capital Partners, an activist hedge fund based in Zug, Switzerland has upped its stake in Irish housebuilder Glenveagh Properties from 16% at the end of last year, and now has a 18.6% holding in the business, according to a
Daniel McNeill, the former head of AM derivatives at JPMorgan in London has become the latest managing director to jump ship and defect from the investment bank to London-based multi-strategy hedge fund Millennium, according to a report by eFinancial careers.
London-based hedge fund Man Group has continued its recent hiring spree with the appointment of Matthew Giordmaina as the firm’s new head of of reconciliations, investment operations, according to reports.
Citadel, the hedge fund firm founded by Ken Griffin, has extended its 2022 winning streak, which saw it chalk up a record $16 billion annual gain, into January, with the firm’s flagship Wellington fund posted a 2.08% increase during the
Lazard Asset Management has appointed Jennifer Ryan as Managing Director and Head of North American Distribution, effective immediately. Based in New York, Ryan joins from BlackRock where she held leadership roles in both the firm’s US and UK Institutional Client
BNY Mellon has launched a new outsourced trading offering for buy-side institutions globally, including asset managers and asset owners. The offering by BNY Mellon Capital Markets, LLC will be powered by xBK, the buy-side trading division that executes more than
Jensen Partners, an executive search form focussed on the alternative investment management industry has opened a new office location in Miami, Florida, as part of its wider commitment to expand client relationships and access to talent pools in growing financial
The Managed Funds Association, a representative body for the alternative investment industry, has submitted a written response to the Financial Conduct Authority’s consultation paper on Sustainability Disclosure Requirements (SDR) and investment labels, expressing its support for the objectives but calling
Investors withdrew $111 billion from hedge funds in 2022, the industry’s third-worst year of outflows in 15 years, as a string of Federal Reserve rate hikes aimed at tackling soaring inflation pulled down asset prices, according to a report by
Light Street Capital Management’s hedge fund racked up one of the industry’s biggest declines in 2022, falling 54% over the year, just shy of Tiger Global Management’s 56% decline, according to a report by Bloomberg.
