Centica, the owner of Britain’s largest energy supplier British Gas, is bracing for an assault from activist hedge fund investors looking to cash in on the global energy crisis, according to a report by The Daily Telegraph.
LUCA Japan, a digital platform for alternative investments has formed a strategic partnership with Xen Technologies Pte Ltd (Xen Capital), a Singapore-based digital platform that provides a white-label alternative investment solution and marketplace.
SEI has formed a strategic partnership with Maybank Group (Maybank) to provide Maybank’s clients with access to SEI’s manager selection platform and asset management capabilities, including proprietary manager research and due diligence, risk management, and investment research, to Maybank clients.
A Market-neutral DeFi hedge fund has been launched by former investment manager Evgeny Gokhberg on London-based Falcon Investment Management’s multi-manager investment platform.
The stock of casino operator Bally’s Corp was up 24 per cent on Tuesday, after its biggest shareholder, hedge fund Standard General, which offered to acquire all of the company’s outstanding shares for USD38 a share, according to a MarketWatch
Sustainable energy stocks have attracted the interest of hedge fund short sellers, according to a report in the Financial Times, with managers betting that the prospect of interest rates rise will mean companies with strong environmental credentials but weak earnings
Post Road Group (Post Road), an alternative investment firm focused on middle-market corporate strategies and real estate, has closed the Post Road Special Opportunity Fund II LP with total capital commitments of more than USD300 million, exceeding the Fund’s target.
LexShares, a tech-enabled leader in litigation finance, has held the oversubscribed closing of the LexShares Marketplace Fund II (LMFII), a USD100 million fund dedicated to investments in commercial legal claims. LexShares’ deployment of the fund will be overseen by new
London-based hedge fund firm Lodbrok Capital’s European Credit Opportunities Fund was up 32 per cent last year, according to a report by Bloomberg. The returns came on the back of investments in Swiss bakery firm Aryzta AG, UK oil services
Trian Fund Management, the activist hedge fund run by Nelson Peltz, has acquired a stake in Unilever Plc, according to the Financial Times and Reuters.
