US hedge fund Davidson Kempner Capital Management LP has purchased approximately $1.4bn in non-performing loans from Abu Dhabi Commercial Bank PJSC, its second major distressed debt transaction with the lender, according to a report by Bloomberg.

Hedge fund Eisler Capital is rumoured to be considering the sale of some of its technology and assets as it winds down investments before the end of 2025, according to a report by eFinancial Careers citing unnamed market sources in

Global multi-strategy investment firm Arena Investors LP is set to close its Singapore office, reallocating resources to other regions, according to a report by Bloomberg citing unnamed sources familiar with the matter.

Denmark’s tax authority SKAT has lost its $1.9bn London lawsuit against hedge fund manager Sanjay Shah and his defunct firm Solo Capital, marking a major setback in its long-running effort to recover losses tied to cum-ex dividend tax schemes, according

Hudson Bay Capital Management has secured the dismissal of a lawsuit brought by the former Bed Bath & Beyond Inc (Bed Bath), which alleged the multi-strategy hedge fund firm improperly profited from the retailer’s decline, according to a report by

Activist hedge fund firm Irenic Capital Management, which holds a 2% shareholding in Workiva Inc, has outlined a series of recommendations aimed at reversing the software company’s recent share price underperformance and accelerating value creation.

James Fishback, a former analyst at David Einhorn’s Greenlight Capital, has admitted to sharing confidential fund information and agreed to cover the hedge fund’s legal costs in a lawsuit filed against him, according to a report by Bloomberg.

Hedge funds have adopted a bearish stance on London cocoa for the first time in three years, reflecting expectations of stronger global supplies following a historic crunch in West Africa, according to a report by Bloomberg.