Brevan Howard Asset Management is the latest big name hedge fund firm to expand its presence in the Middle East with news of plans to open a new office in Abu Dhabi in the United Arab Emirates (UAE), according to
Antara Capital, a New York-based, event-driven hedge fund launched by Himanshu Gulatis in 2018 with start-up capital from the Blackstone Group, has acquired a 6.4% stake in GAN, Dermot Smurfit’s Nasdaq-listed gambling technology firm, according to a report by the
Fallout from the collapse of Sam Bankman-Fried’s cryptocurrency empire continues to impact the hedge fund world with news that Galois Capital, one of the world’s largest crypto-focused hedge funds is to shut down after losing a large chunk of its
A unexpectedly sharp surge in stocks last week saw hedge funds rushing to exit losing bets on falling markets at the fastest pace in years, according to a report by the Financial Times.
Elliott Investment Management has ruled itself out of making a formal bid to acquire Manchester United, but is keen to be involved in providing finance for the Red Devils, a move that could allow current owners, Joel and Avram Glazer,
Global funds services and solutions provider Ocorian has appointed Peter Corry as head of global funds, Luxembourg. Corry joins from IQ-EQ where he spent the last three years as Country Delivery Director for the firm’s Luxembourg operations.
Hedge funds are positioning for a slow down in this year’s stellar start for Treasuries by quietly building up the biggest bearish bet on bond futures on record, according to a report by Bloomberg. The report cites the latest data
Element Capital, one of the world’s biggest macro hedge funds, is responding to a recent string of poor returns, including a $1 billion loss during last month’s stock market rally, by reducing its $12 billion asset base in a bid
Citadel and Millennium Management are among a group of 12 hedge funds that are set to make a profit of more than CAD216 million ($162m) as one of Canada’s most bitterly-contested acquisitions nears completion, according to a report by Reuters.
Brazilian hedge fund manager SPX Capital is taking a leading role alongside other asset management firms in restructuring negotiations on behalf of a group of investors holding local bonds of troubled retailer Americanas SA, according to a report by Bloomberg.
