Funds
Hedge funds posted a 1.71% gross return in August 2025, according to the latest SS&C GlobeOp Hedge Fund Performance Index, while net investor flows in September rose 0.46%, as measured by the SS&C GlobeOp Capital Movement Index.
Atsushi Sakano, a former Partner at Hong Kong-based Aspex Management, is launching Tenucia Partners, a new long-short hedge fund focused on Asian equities, according to a report by Reuters citing unnamed sources familiar with the plans.
Taconic Capital Advisors is closing its $1.8bn multi-strategy Opportunity Fund in a sweeping overhaul that will see the $4.5bn manager refocus on North American credit and merger arbitrage investments, according to a report by Bloomberg citing a recent letter sent to investors.
Bill Ackman’s Pershing Square Holdings is one of this year’s standout hedge fund performers, with the London-listed vehicle up 25.3% through early September, far ahead of the S&P 500’s 11.7% gain, according to a report by Barron’s.
VistaShares has launched a new exchange-traded fund designed to mirror the equity positions of Pershing Square Capital Management founder Bill Ackman, one of Wall Street’s most prominent activist investors, according to a report by Bloomberg.
Hedge funds including Silver Point Capital, Redwood Capital Management, and Monarch Alternative Capital, are in line for potentially significant gains following EchoStar Corp’s $17bn sale of wireless spectrum to Elon Musk’s SpaceX, according to a report by Bloomberg.
Hedge funds delivered another month of positive returns in August, lifted by surging equity markets in the US and Asia and strong performances in healthcare and technology stocks, according to a report by Reuters citing a recent client note from Goldman Sachs.
Private investment giant Blackstone, the world’s largest hedge fund investor, has committed $250m to Covara Capital, a newly launched opportunistic long-short credit fund founded by former Fir Tree Partners portfolio manager Sachin Gupta, according to a report by Reuters.
Former King Street Capital partner Paul Goldschmid is preparing to roll out one of 2025’s largest hedge fund launches, with his new credit-focused firm Harvey Capital Partners expected to debut in Q4 with more than $1bn under management, according to a report by Bloomberg.
Marshall Wace, a London-based hedge fund manager with more than $70bn in assets, generated positive performance across two of its key strategies in August, according to a report by Reuters citing an unnamed source familiar with the results.
