London-based Sparta Capital, an activist hedge fund founded by US firm Elliott Advisors, has become the second activist investment firm too take a stake in troubled online retailer THG, according to a report by the Sunday Times.
ExodusPoint Capital Management and Millennium Management were among the big-name multi-strategy hedge funds that posted small losses amid last week’s market volatility, faring far better than their macro and quant counterparts, according to a report by Bloomberg. Unnamed Bloomberg sources
Graticule Asia, a macro hedge fund founded by veteran macro trader Adam Levinson, is shutting down after being hit by losses following the demise of Silicon Valley Bank and the ongoing bond market volatility, according to a report by Bloomberg.
Distressed debt investor David Tepper is betting that the value of Silicon Vally Bank parent SVB Financial Group’s debt will rise as parts of the group are auctioned off, according to a report by the Financial Times. Unnamed FT sources
Activist investment fund Enkraft, which owns stakes in several German energy firms, has accused renewables group ABO Wind of failing to provide investors with a clear strategic roadmap, according to a report by Reuters. Specifically, Enkraft – which says it
Pressure from US activist hedge fund DE Shaw has prompted Fleetcor Technologies, a provider of fuel cards and workforce payments products, to add two new board members and explore the possible sale of one or more of its businesses, according
While US hedge fund Citadel is expecting a tighter credit environment following the latest banking crisis, the firm’s head of commodities, Sebastian Barrack, is predicting limited impact on global commodities, according to a report by Reuters.
Wild swings in the bond markets have proved a big problem for Said Haidar with his flagship Jupiter macro hedge fund set to record its biggest-ever monthly loss since its inception over two decades ago, according to a report by
Bank additional tier-1 bonds, including those of Credit Suisse, are attracting the attention of large hedge funds and distressed debt investors, who are buying them up at discount prices, according to a report by Reuters.
Hedge fund Modulo has agreed to repay 97% of the money that companies from Sam Bankman-Fried’s bankrupt FTX cryptocurrency empire paid to it during 2022, according to a report by Reuters, citing court documents filed on Wednesday.
