Funds
Northern Trust Hedge Fund Services has been selected to provide middle office services and fund administration to Moorstone, an independent, directly registered investment advisor focused on the global commodity supply chain.
Veteran hedge fund manager Guy Spier is returning capital and closing his Aquamarine Fund, pointing to both personal considerations and mounting structural challenges facing active equity managers, according to a report by Investing.com.
Six Flags Entertainment has appointed Richard Haddrill as Executive Chairman, as activist investor Jana Partners steps up pressure on the theme park operator to explore a potential sale, according to a report by Reuters.
Bonds issued by semi-liquid private credit funds had already been under pressure before recent investor redemptions, highlighting underlying stress in the $2tn sector, according to a report by Reuters citing analysis by hedge fund Fourier Asset Management.
Activist ADW Capital has called on Driven Brands to launch an immediate strategic review, urging the automotive services group to consider a sale or break-up, according to a report by the Wall Street Journal.
Caxton Associates has emerged as one of the most prominent hedge fund casualties of recent market volatility, with losses at its flagship strategy exceeding $1.3bn in March as geopolitical tensions in the Middle East caused a drop in global assets, according to a report by the Financial Times.
BlackRock’s Fixed Income Chief Investment Officer Rick Rieder is seeking investor capital for a new hedge fund, marking his first such launch in years, after being passed over for the top role at the US Federal Reserve, according to a report by Bloomberg.
SS&C Technologies Holdings, Inc has reported a modest uptick in its latest hedge fund redemption gauge, with the firm’s GlobeOp Forward Redemption Indicator rising to 1.90% in March 2026, compared with 1.79% in February.
Artificial intelligence is no longer a differentiator in hedge fund investing. It is becoming a baseline expectation. A recent Hedgeweek® survey of hedge fund managers shows adoption now spans three broad categories: firms actively deploying AI, those experimenting, and those preparing to implement it in the next six months. Notably, none of the respondents said they had no plans to use AI.
Paul Singer’s Elliott Investment Management is committing over $100m to support credit specialist Debdeep Maji in launching his new hedge fund firm, 37Spruce Investment Partners, according to a report by Bloomberg.
