Anthony Scaramucci, founder of hedge fund SkyBridge Capital, has launched a new online course aimed at early-career professionals navigating a challenging labour market and rapid disruption from artificial intelligence, according to a report by Bloomberg.
David Tepper’s Appaloosa Management has taken a significantly larger position in American Airlines Group (AAL), adding 9.25 million shares during the third quarter, according to the firm’s latest 13F filing with the US Securities and Exchange Commission.
French hedge fund Capital Fund Management (CFM) has returned approximately $2bn from its flagship Stratus fund to investors, reflecting a surge in assets under management at the firm, according to a report by Bloomberg.
Mountain Point Credit Management LLC (Mountain Point), a systematic loan manager, has launched a US broadly syndicated loan investment platform with over $1.3bn in assets under management. The firm is led by Founder and CEO Kelly Byrne, who brings two
New research by non-custodial stablecoin management platform Brava Finance shows that 84% of hedge funds who already invest in digital assets say they have a good or better understanding of stablecoins – a digital asset used for making payments or
Ray Dalio, founder of Bridgewater Associates, has raised serious reservations about the viability of the “pod-shop” or multistrat hedge fund model over the long term, telling Bloomberg’s Odd Lots podcast that while it may work for investment management, it is
Hedge funds are sourcing more local talent in Florida than anywhere else in the US, and matching New York in front-office recruitment, according to a report from South Florida Business Journal, citing investment management executive search firm The Kronor Group.
Hedge fund Sona Asset Management is positioning to capitalise on the recent turmoil in European leveraged loans, targeting mis-priced debt and dislocated credit opportunities across the region, according to a report by Bloomberg.
Money managers focused on emerging markets are turning their attention to Latin America, as upcoming elections could align some countries closer to the United States, prompting a rally similar to the one seen in Argentina, according to a report by
London-headquartered multi-strategy hedge fund Eisler Capital is shutting its New York office and laying off 79 staff by December 28, according to a report by Bloomberg citing a recent filing with the New York State Department of Labor.
