BFAM Partners, the Hong Kong and New York-based hedge fund firm founded by Benjamin Fuchs, has closed its London office after parting company with one of its most senior portfolio managers, Emmanuel Slezack, according to a report by Bloomberg. The
A surge in redemption requests from investors after the ouster of founder Crispin Odey following multiple allegations of sexual assault, has prompted Odey Asset Management to suspend two funds, including the firm’s flagship hedge fund, according to a report by
Saba Capital, a $4.4 billion New York-based activist hedge fund firm founded by Boaz Weinstein, has emerged as a major shareholder in Regal Partners’ listed VG1 fund with a 5% stake in the investment vehicle, according to a report by
“Advanced talks” are ongoing between Odey Asset Management (Odey AM) and SW Mitchell Capital over the transfer of the Oliver Kelton and the funds he previously managed at Odey AM to the London-based European equities investment boutique, according to a
The founders of Three Arrows Capital are being targeted by liquidators for the bankrupt cryptocurrency hedge fund for the recovery of $1.3 billion, the amount they allegedly racked up in losses prior to last year’s collapse of the firm, according
London-headquartered hedge fund firm Marshall Wace has appointed Todd Builione, a partner and global head of private wealth at its private equity backer KKR, to run its US business in New York, according to a report by The Financial Times.
US hedge fund manager Tom Wagner, the co-founder of Knighthead Capital Management, which oversees about $9 billion and focuses on event-driven investing and distressed credit, has had his takeover of Birmingham City FC apportioned by the English Football League (EFL).
US hedge fund Citadel’s portfolios all made money in the first five months of the year with the firm’s flagship portfolio chalking up a return of 6.14% to the end of May, according to a report by Reuters.
Rob Luciano, the founder of Australian hedge fund firm VGI Partners, is taking a ‘sabbatical’ from the business one year after his firm completed a merger with Phil King’s Regal Funds Management, according to a report by the Financial review.
The efforts of central banks around the world to tackle inflation have failed to have a meaningful impact, and threats to the broader global economy remain, according to a report by Reuters citing comments from Man Group Chief Executive Luke
