Izzy Englander’s Millennium Management has decided to stick to its original $10bn fundraising goal for new hedge fund capital, despite attracting twice that level of investor interest, according to a report by Bloomberg.
Activist hedge fund firm Starboard Value has acquired a stake in Kenvue, the consumer products company known for a range of brands including Band-Aid, Listerine, and Tylenol, according to a report by the Wall Street Journal.
Global multi-stratgey hedge fund firm Brevan Howard is carrying out a substantial portion of its cryptocurrency trading from the United Arab Emirates (UAE) thanks to the country’s balanced regulatory framework, according to a report by Reuters.
Global hedge funds are showing a notable preference for stocks likely to benefit from a potential win by Republican US presidential candidate Donald Trump, according to a report by Reuters citing recent analysis by JPMorgan.
Hedge funds are taking significant short positions against clean energy and green technology, a trend that could be more detrimental to the green transition than political opposition to “woke” capitalism, according to a report by Bloomberg.
Activist investment firm Elliott Investment Management has entered into discussions with Southwest Airlines aimed at reaching a settlement that would prevent a proxy fight over control of the airline’s board, according to a report by Bloomberg News.
Global hedge funds snapped up US technology stocks, including semiconductors and hardware, at their fastest rate in five months last week, as the third-quarter earnings season kicks off, according to a report by Goldman Sachs.
Third Point, the activist hedge fund firm founded by Daniel Loeb, acquired a new stake in Danish freight forwarder and logistics company DSV A/S during the third quarter, predicting “significant upside” for the company, according to a report by Reuters.
London-based activist hedge fund firm Palliser Capital has acquired over 1% of SK Square, the largest shareholder in AI chip maker SK Hynix, and is advocating for reforms aimed at increasing the company’s share value, according to a report by
Citadel employees have significantly increased their investment in the firm’s $45bn flagship hedge fund over the past four years, driven by strong returns and compensation lockups tied to performance, according to a report by Bloomberg.
