Andrew Silverman is to head up a new credit unit in Schonfeld Strategic Advisors’ new macro trading business, which launched earlier this year, according to a report by Business Insider.
Elliot Management has increased its stake in Swedish Match to over 10 per cent putting the activist hedge fund in a position to potentially block Philip Morris International’s bid to acquire the smokeless tobacco firm, according to a report by
Hedge fund bets against Asos have hit an all time high with prominent funds on both sides of the Atlantic including Citadel and Marshall Wace shorting the fast-fashion retailer’s stock, according to a report by the Telegraph. News of Sports
Fortress Investment Group (Fortress) has been ranked as the second fastest-growing brand among 50 alternative investment managers included in the second edition of the Alts 50 report, published by Peregrine Communications. The report provides a qualitative and quantitative assessment of
Kedge Capital, the company which makes private equity and hedge fund investments on behalf of Ernesto Bertarelli, one of Switzerland’s richest men, and his family, is looking to attract other ultra-wealthy investors, according to a report by Bloomberg.
Brevan Howard Asset Management is preparing to launch a new share class for some clients of its main hedge fund strategy which will allow it to introduce so-called “pass through” fees, according to a report by Bloomberg. The report cites
Philip Morris International (PMI) has tabled an improved “best and final” offer to acquire smokeless tobacco specialist Swedish Match AB, after investors including activist hedge fund Elliot Management indicated they were unhappy with the original proposal, according to a report
BirchLane Capital, a London-based hedge fund set up by former JPMorgan credit trader Fajr Bouguettaya, is returning all capital to investors just two years after commencing operations, according to a report by Bloomberg.
Sterling and gilts are beginning to attract the attention of a number of hedge funds following their market mauling sparked by the UK government’s mini-budget of unfunded tax cuts, according to a report by Bloomberg.
Activist hedge fund Starboard Value is calling on Salesforce to capitalise on its market-leading position and increase margins, having acquired a significant stake in the cloud software specialist, according to a report by the Financial Times. Shares of Salesforce have
