TOP STORY: Regal Partners Ltd, the Australian hedge fund firm born out of the merger of Regal Funds Management and VGI Partners in 2022, is seeking approximately $1bn in new capital for its latest Cayman Islands-based based fund, as part
Ace Capital Gestao de Recursos Ltda, a Brazilian hedge fund firm led by former Banco Santander SA traders, has enhanced its computer-driven investment strategies with the acquisition of quant investment firm Saires Capital Gestão de Recursos Ltda.
Goldman Sachs’ private equity investment firm, Petershill Partners, has sold an 18% stake in hedge fund LMR Partners for up to $258m in a move aimed at addressing investor concerns about the accuracy of the firm’s asset valuations, according to
BlueCrest Capital Management, the hedge-fund-turned family office founded by Michael Platt, has launched a new currency trading platform named BlueX, marking its entry into the rapidly expanding foreign exchange market, according to a report by Bloomberg.
Two London-based hedge funds – Kite Lake Capital Management and Astaris – are preparing to close their doors to new investors, even as the broader hedge fund industry is facing significant capital outflows amounting to tens of billions of dollars,
Hedge funds are increasingly stepping in to help banks manage the risks associated with deal contingent trades, a complex derivative sold to corporations and PE firms to hedge against market fluctuations during major mergers and acquisitions, according to a report
TOP STORY: Activist Investment firm Elliott Investment Management now owns 10% of Southwest Airlines’ common stock, surpassing the threshold required to call a special meeting at the airline, according to a report by Reuters citing an unnamed source familiar with
Losses incurred during escalating market volatility in early August prompted Millennium Management, Balyasny Asset Management, and BlueCrest Capital Management to halt the operation of at least six traders and their investment pods, according to a report by Bloomberg.
WaterStation, the water vending machine company accused of operating a large Ponzi-like scheme by hedge fund Jefferies Group, may be forced into bankruptcy, after creditors filed involuntary bankruptcy petitions against the company, according to a report by the Wall Street
Hedge funds have maintained their bearish stance on banking and financial stocks, continuing to place bets against these sectors during the week ending last Friday, according to a report by Reuters citing a note from Goldman Sachs’ prime brokerage division.
