Hong Kong-headquartered Tiger Cub hedge fund Karst Peak Capital’s Sydney-based healthcare partner Hashan De Silva is starting his own fund, according to a report by the Financial Review. De Silva’s firm will launch with seed capital from Karst Peak Capital founder
New York-based activist hedge fund Pura Vida has entered a boardroom battle at global aesthetics device company Cutera Inc with plans to push ahead with “an orderly CEO succession process”, according to a report by Reuters. Amid perceived factionalisation, Pura
Bronte Capital’s Amalthea hedge fund has taken long bets in UBS and First Citizen, both of which it believes have picked up good assets for a good price as a result of the Credit Suisse and Silicon Valley Bank turmoil,
Light Street Capital Management has generated double-digit gains in the first quarter of 2023, having earlier suffered a 54% annual loss in 2022, according to a report by Bloomberg. Glen Kacher’s Menlo Park, California-headquartered firm has seen its Mercury hedge
New York-based hedge fund Versor Investments sees potential growth and profitability in Squarespace, having recently taken a sizable position in the online website building platform, according to a report by BestStocks. The fund reportedly purchased 28,413 shares of the company’s
Hedge funds increased their exposure to stocks in the financial sector amid the banking turmoil in March, swooping in for a buying opportunity at lower prices, according to a report by Reuters. Hedge funds raised their exposure to financials more
Global Futures and Options, a digital assets-focused platform co-led by Arnab Sen, founder of Hong Kong-based hedge fund Harbour Capital Management, has teamed with the London Stock Exchange to launch a clearing service for crypto index futures and options trades.
BlackRock’s assets under management increased to $9.1 trillion during Q1, but net income fell 19% over the past year, as the fund management giant saw hedge fund fees tumble sharply amid squeezed margins and subdued markets, according to a report by
US-based multi-strategy managers dominate a new ranking of 64 investment firms managing $10 billion or more in hedge fund assets. Four of the top ten firms on the inaugural ‘$10bn+ Power List’ from Alternative Fund Insight (AFI) specialise in multi-strategy
High-profile hedge fund manager Crispin Odey has halved his bearish position in Metro Bank since December, but remains the lender’s largest short-seller, according to a report by the Mail on Sunday. Odey’s fund has held a negative wager in Metro
