Activist hedge fund Engine Capital, which has been agitating for a shakeup at US convenience store and fuel station owner Parkland Corp, is to oppose the re-election of the company’s board members, according to a report by the Globe and
Hong Kong-based hedge fund BFAM Partners, an investment vehicle of US hedge fund Davidson Kempner, and other investors, have filed a lawsuit in New York seeking $201 million in debt repayment from Chinese property developer Glory Health, according to a
Hedge funds and other leveraged investors upped their net short positions on 10-year US Treasury futures to a record 1.29 million contracts as of 18 April, in an apparent show of confidence that the US economy can avoid a recession,
Citadel, the hedge fund firm founded by Ken Griffin, is betting against Deliveroo and has opened up a £27 million short wager against the food delivery company, according to a report by The Daily Telegraph.
Helikon Investments, a London-based long-short equity hedge fund founded in 2019, upped its stake in Argentinian energy company YPF Sociedad Anónima by 22.4% during the fourth quarter of 2022, according to a report by BestStocks. The report cites an SEC
Aragon Global Management, the global equities hedge fund firm founded by Anne Dias, the former wife of Citadel boss Ken Griffin, has closed its Chicago office and relocated its headquarters to Miami, according to a report by Bloomberg. Aragon, which
Sachem Head Capital Management, an activist hedge fund firm founded by Scott Ferguson in 2012, has urged US aluminium sheet maker Arconic to execute its plan to sell itself, after acquiring a stake in the business, according to a report
The recent bond market turmoil triggered by the collapse of Silicon Valley Bank, Signature Bank and Credit Suisse, caught out many macro and trend-following hedge funds, according to a report by the Financial Times, with monthly losses among the worst
China-focused hedge-fund firm Snow Lake Capital Ltd has closed its office in Hong Kong after 12 years of operating in the city, according to a report by Bloomberg, citing unnamed sources familiar with the matter.
Activist investor ValueAct Capital is pushing Japanese retail group Seven & i Holdings to either spin off its 7-Eleven convenience store chain or consider selling the company in its entirety, according to a report by Reuters.
