Funds
Siepe, a provider of technology-enabled services and compliance and reporting for the credit and hedge fund industries, has closed three broadly syndicated collateralized loan obligation transactions in Q3, representing a total of $1.2bn new issue CLO paper printed, and a fourth as Collateral Administrator on a leverage facility for a private credit fund, representing an additional $500m in private credit assets.
- 25/10/2023
Regal Funds Management, an Australian hedge fund with AUD6bn ($3.8bn) in AUM, is looking into shares of potential takeover targets in the domestic lithium sector, according to a report by Bloomberg.
- 25/10/2023
Berry Street Capital, a London- headquartered hedge fund run by Ex-Paulson Partner Orkun Kilic, is shutting down, according to a report by Bloomberg.
- 24/10/2023
- 24/10/2023
Short positions in the gold market are falling, as money managers are increasing their speculative gross long positions in Comex gold futures, leading to the second-biggest ever short covering rally on record, according to a report by Kitco, citing data from the Commodity Futures Trading Commission.
- 24/10/2023
Hedge funds across the globe are reducing their exposure to mega cap tech firms, according to a report by Reuters that cites data from JPMorgan Chase’s positioning Intelligence Unit.
- 24/10/2023
Saba Capital Management, the firm run by American hedge fund tycoon Boaz Weinstein has declared stakes in ten UK investment trusts, according to a report by The Times.
- 23/10/2023
Doug Haynes, a former President at Steve Cohen’s Point72 Asset Management until he resigned in 2018 having been named a defendant in a sexual discrimination lawsuit which was settled in 2020, is looking to raise $1bn for his new fund Norias, according to a report by Business Insider.
- 20/10/2023
Itau Asset Management, a Brazil-based money manager inspired by Ken Griffin’s Citadel and Izzy Englander’s Millennium Management, has appointed Bruno Serra, a former director at Brazil’s central bank, to raise money for a new family of funds in its mulitmesas (multi-strategy) unit.
- 19/10/2023
- 19/10/2023
ASK Asset and Wealth Management, an India-based wealth and asset management firm, has added hedge funds to its Alternative Investment offering through the launch of a new business vertical, ASK Hedge Solutions.
- 18/10/2023
Priya Kodeeswaran, a former long-short manager at Man Group and Portfolio Manager at Millennium Management, is to serve as both Founder and Chief Investment Officer of his newly-launched hedge fund, Katamaran Capital, according to a report by Bloomberg.
- 16/10/2023
