Funds
Tech-focused hedge fund Whale Rock Capital significantly trimmed losses in May, with its flagship hybrid fund gaining 8.7%, halving its year-to-date decline to 8.7%, according to a report by Institutional Investor citing sources familiar with the matter.
Quant-driven hedge fund AQR Capital Management is making a bold return to the US mutual fund space after a four-year hiatus, launching a suite of leveraged “portable alpha” strategies targeting taxable investors, according to a report by Bloomberg.
Pierre Andurand’s flagship hedge fund has extended its steep drawdown in 2025, with the Andurand Commodities Discretionary Enhanced fund falling approximately 12.7% in the first three weeks of June, bringing YTD losses to around 60%, according to a report by Bloomberg.
Arini Capital Management, the hedge fund firm run by Hamza Lemssouguer, has secured a $200m anchor commitment from British Columbia Investment Management Corp for its new Europe-focused private credit fund, launched in partnership with Lazard Inc, according to a report by Bloomberg.
Man Group, the world’s largest publicly traded hedge fund firm, is planning to makes its debut in the exchange-traded fund (ETF) space with the launch of two actively managed fixed-income products, according to a report by ETF.com.
Hedge funds including Third Point and Pentwater Capital have secured major gains after US Steel’s $14.1bn sale to Japan’s Nippon Steel completed, bringing to a close one of the most politically charged and volatile merger arbitrage stories in recent years, according tp a report by Bloomberg.
Hedge funds have turned in “steady to excellent” performance YTD, with more than 75% of managers posting gains through May’s equity rebound, according to a report by Alternatives Watch citing performance data from hedge fund research and intelligence provider PivotalPath.
Hedge funds recorded one of the strongest monthly inflows of recent years in May, with investors committing $6bn, according to the latest data from Citco, the asset servicer with more than $2tn in assets under administration.
BlackRock has launched its first Asia-Pacific market-neutral hedge fund aimed at retail investors in Singapore and Hong Kong, marking a significant push by the world’s largest asset manager into alternative strategies for wealth clients, according to a report by Business Times.
UniSuper, one of Australia’s largest superannuation funds, has seeded a new AUD500m hedge fund focused on the ASX 300, partnering with RQI Investors, the quantitative arm of First Sentier Investors, according to a report by Finance News Network.
