DE Shaw is one of a number of hedge funds buying exposure to blind pools of risk being sold by banks to reduce their regulatory burden, in the form of credit-linked notes that transfer the risk to the buyer in
Weiss Multi-Strategy Advisers, a New York-based hedge fund firm started in 1978 by Founder and Chief Executive George Weiss, is winding down its operations after a challenging couple of years, according to a report by Bloomberg.
A number of distressed debt investors, including Attestor, Farallon Capital and Oaktree Capital, are set to benefit from bets that creditors of FTX Capital will recover more than expected, following the collapse of the cryptocurrency exchange.
Commodities investments at Izzy Englander’s Millennium Management earned the multi-strategy major a solid $600m last year, but still far behind the bumper $4bn return for the asset class seen at rival Citadel, according to a report by Bloomberg.
Statar Capital, a Miami-based hedge fund specialising in natural gas trading founded by former Citadel and DE Shaw Trader Ron Ozer, has booked big profits from a large bet on the easing of European gas market volatility sparked by Russia’s
LedgerPrime, a quantitative and systematic digital assets hedge fund acquired by Sam Bankman-Fried’s now defunct FTX in 2021, has relaunched as MNNC Group, a Cayman Islands-registered multi-strategy hedge fund, according to a report by Bloomberg.
London-based multi-strategy hedge fund Eisler Capital plans to raise between $1bn and $1.5bn of capital and increase its Portfolio Manager headcount to between 120 and 125 this year, according to a report by the Financial Times citing people familiar with
Kirkoswald Asset Management, the global macro hedge fund firm founded by former GLG Partners and Moore Capital Management Trader Greg Coffey, is closing in on a deal to acquire emerging markets manager Emso Asset Management, according to a report by
Hedge fund Brevan Howard plans to hire up to 15 Abu Dhabi-based Interns who are interested in careers as Traders, Quants and Analysts, partnering with New York University Abu Dhabi, Khalifa University of Science and Technology and Zayed University, according
London-based macro hedge fund Promeritum Investment Management is betting on a further rally in distressed emerging market sovereign funds in 2024, having posted a record 16% return in 2023, according to a report by Bloomberg.
