Bridgewater Associates is planning a significant expansion of employee equity ownership, with more than 60 per cent of staff set to hold stakes in the hedge fund from next year, following a standout performance year for its flagship macro strategy,
BP chief executive Murray Auchincloss has stepped down with immediate effect after less than two years in the role, following pressure from US hedge fund Elliott Management, according to a report by This is Money. The FTSE 100 energy group
Whitehaven Asset Management is set to return capital to investors and transition into a family office, according to a report by Bloomberg citing Managing Partner Scott Richman. The Greenwich, Connecticut-based firm, which focuses on municipal and corporate bonds, plans to
Pershing Square Holdings has agreed to invest up to $1bn in Howard Hughes Holdings to support its acquisition of specialty insurer Vantage Group Holdings, in a transaction valuing the business at approximately $2.1bn, according to a report by Bloomberg. The
Calibrate Partners, the London-based hedge fund founded by former Morgan Stanley executive John White, has opened an office in Dubai as part of its international expansion, according to a report by Financial News London citing people familiar with the matter.
Eric Jackson, the activist hedge fund investor known for his contrarian bets, is launching a digital-asset treasury company – EMJ Crypto Technologies – just as the corporate crypto-holding model faces a downturn, according to a report by Bloomberg.
Citadel, the hedge fund and financial conglomerate founded by Ken Griffin, is relocating its remaining Chicago staff from the iconic Citadel Center in the Loop to a smaller office north of the Chicago River, according to a report by Bloomberg
Edinburgh Worldwide Investment Trust has called on shareholders to reject proposals from activist investor Saba Capital to replace members of its board, arguing that the trust has made progress and the change would create uncertainty, according to a report by
Citadel founder Ken Griffin has warned that elements of the Republican policy agenda, including tougher immigration controls and tariffs, are contributing to inflationary pressures in the US, even as deregulation could ultimately help bring prices down, according to a report
Several biopharma-focused hedge fund firms have taken positions in a merger involving a special purpose acquisition company sponsored by life sciences investor Perceptive Advisors, according to a report by Institutional Investor.
