RXR Realty has completed a recapitalisation of 75 Rockefeller Plaza, partnering with hedge fund Farallon Capital in a transaction which strengthens which maintains the firms’ its focus on income-generating office assets in New York City, according to a report by
Short seller Andrew Left, founder of Citron Research, has filed a federal lawsuit against Toronto-based Anson Advisors and Anson Funds Management, alleging that the firm and two of its executives lied to the SEC about payments made to him to
Hedge funds were caught off-guard by earnings from five of the “Magnificent Seven” tech giants last week, prompting significant short covering, according to a client note from the Prime Services division at Goldman Sachs.
Millennium Management, the $79bn multi-strategy hedge fund led by Izzy Englander, has sold a 15% minority stake in its management company for about $2bn, valuing the firm at roughly $14bn, according to a report by Bloomberg citing unnamed people familiar
Hedge funds sharply reduced bearish bets on Brent crude in the final week of October, as new US sanctions on Russia’s largest oil companies triggered a record unwind of short positions, according to a report by Bloomberg citing data from
Hong Kong-based hedge fund Oasis Management has taken a stake in Japanese car care products maker Soft99 Corp, joining a heated dispute between management and activist shareholders over a proposed buyout, according to a report by Bloomberg.
A surge in retail trading through exchange-traded and structured products is reshaping the options market — creating both liquidity and opportunities for professional traders, according to a report by Bloomberg citing speakers at the Bloomberg Intelligence Volatility Forum in New
Hedge funds are ramping up bearish bets on the Japanese yen, with several large macro managers positioning for the currency to fall as low as JPY160 to the dollar before year-end, according to a report by Bloomberg citing data from
Ananym Capital has intensified its campaign urging LKQ Corporation to sell its European business, arguing that a divestiture would unlock shareholder value and fund substantial share buybacks, according to a report by Reuters.
UK-based quantitative investment firm Winton has entered the US mutual fund market for the first time after assuming the role of investment adviser to the Altegris Futures Evolution Strategy Fund, replacing Altegris Advisors LLC.
