Hedge funds turned bearish on the yen in the week leading up to Japan’s snap general election, as the ruling Liberal Democratic Party failed to secure a majority, potentially amplifying currency risks, according to a report by Bloomberg.
Martin Midstream Partners has said it is standing by its planned acquisition by its largest shareholder, Martin Resource Management Corp (MRMC), despite opposition from hedge funds Nut Tree Capital Management and Caspian Capital.
Southwest Airlines has reached an agreement with Elliott Investment Management, avoiding a potentially disruptive proxy battle with the activist hedge fund, one of its largest shareholders, according to a report by the New York Times.
Several hedge funds, including Millennium Management and Athos Capital, have faced substantial losses following the unexpected collapse of a high-profile acquisition deal between two Chinese pharmaceutical companies, according to a report by Bloomberg.
Bankrupt hedge fund Weiss Multi-Strategy Advisers LLC and its top creditor, Jefferies Financial Group, are in discussions to potentially settle their ongoing litigation, which stems from the collapse of George Weiss’s eponymous hedge fund, according to a report by Bloomberg.
Sixteen months after being ousted over allegations of sexual misconduct, Crispin Odey has quietly rejoined what remains of the eponymous hedge fund firm he founded back in 1991, with nine other partners formally departing the business at the same time,
An ex-hedge fund manager is to purchase part of the risk from an Inter-American Development Bank (IDB) Group loan portfolio in a rare balance-sheet exposure transfer that could serve as a model for multilateral lenders aiming to scale lending capacity,
Crypto hedge fund managers JellyC and Trovio Asset Management have merged in a strategic move aimed at attracting allocations from institutional investors, including pension funds, according to a report by Bloomberg.
Hedge fund Elliott Investment Management has urged a court not to delay its bid for Citgo Petroleum, arguing that the assets of the Venezuela-owned oil refiner are losing value and that creditors are unlikely to receive a better offer from
Australia’s top-performing hedge fund firm, Regal Partners, led by Co-Founder and Chief Investment Officer Phil King, is looking to capitalise on its impressive returns to expand into a broader investment powerhouse, modelled on PE giants Blackstone and Apollo, according to
