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
TOP STORY: Bridgewater Associates, one of the world’s largest hedge funds, has identified the independence of the US Federal Reserve as a critical concern in the upcoming presidential election, according to a report by Reuters citing a recent Bridgewater client
Hedge fund firm Altana Wealth has been accused of misusing trade secrets to establish a profitable fund by London-based investment IlliquidX, according to a report by Bloomberg citing claims made during an ongoing UK trial.
Volatility hedge fund QVR Advisors, led by 20-year options veteran Scott Maidel, is taking aim at Wall Street’s booming options-selling strategies, which have grown so popular that they may now be undermining their own profitability, according to a report by
