Zhu Su, the chief executive officer and co-founder of beleaguered cryptocurrency hedge fund Three Arrows Capital (3AC) is looking to sell one of his luxury ‘good class bungalows’ in Singapore. Zhu and his wife Tao Yaqiong Evelyn are reported to
Dubai is fast becoming a new hedge fund hotspot with a clutch of managers swapping more traditional locations for the emirate, according to a report by Bloomberg. Millennium Management, the hedge fund firm founded by Izzy Englander, now employs around
The biotechnology sector has become a hunting ground for hedge funds on the look out for bargain stocks, according to a report by The Financial Times. After a sharp selloff which has seen a Nasdaq index of biotech stocks shed
Activist hedge fund Cannell Capital has acquired close to a 13% stake in medical device company Neuronetics, according to a report by the Philadelphia Business Journal, and is now seeking a seat on the company’s board.
SphereInvest Group (SphereInvest), privately-owned, specialist Investment Management company, has marked the 10-year anniversary of its Global Credit Strategies Fund, which commenced trading on 2 July 2012. Over the last decade, the Global Credit Strategies Fund has consistently outperformed peers, delivering
“Legacy” data centres are attracting the attention of short seller Jim Chanos as the face growing competition from the tech giants that to data have been their biggest customers, according to a report by The Financial Times. Chanos, most famous
Odey Asset Management, the hedge fund founder multi-millionaire Crispin Odey has backed a £6 million fundraising by Advanced Oncotherapy PLC (AVO), according to a report by ProactiveInvestors. Odey Asset Management weighed in with £4.5 million as it and other supporters
Shareholders in Toshiba Corp have voted in two board directors from activist hedge fund investors at the firm’s annual general meeting, along with 11 other candidates, according to a report by Reuters. The two new directors are Nabeel Bhanji, a
US dollar-pegged stablecoin tether (USDT) has become a short target for crypto-focused hedge funds, according to a report by The Wall Street Journal.
US hedge fund Schonfeld Strategic Advisors is continuing its recruitment drive for staff at its London offices according to a report by eFinancialCareers. The $13 billion manager set up its London operation in 2019 and earlier this month made a
