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.
Bill Ackman is preparing a dual-offering structure through his firm Pershing Square Capital Management and a new closed-end investment vehicle, Pershing Square USA, according to a report by the Wall Street Journal citing sources familiar with the matter.
Top Federal Reserve Governor Lisa Cook has sounded the alarm on the potential systemic risks posed by hedge funds in US Treasury markets, highlighting how crowded trades could amplify market instability during periods of stress, according to a report by
Short-selling specialists Gotham City Research and General Industrial Partners (GIP) have disclosed a short position in Iron Mountain, adding the $22bn-plus REIT to a roster of companies the duo has previously targeted with high-profile forensic research, according to a report
Hedge funds and institutional investors are continuing their legal challenge to 3G Capital’s $9.4bn acquisition of Skechers USA Inc, after early settlement talks over the value of the footwear maker fell through, according to a report by Bloomberg.
Trend-following hedge funds may trigger significant equity selling in the coming week after the S&P 500 fell below a key technical threshold, according to a report by Bloomberg citing a recent client note from Goldman Sachs.
London-based event-driven hedge fund Davide Leone & Partners has increased its stake in SES SA, now holding over 5% of the Luxembourg-based satellite company, as it positions for long-term upside from SES’s strategic shift into defence, according to a report
