Managers
Quantitative hedge fund firm Two Sigma Investments is preparing to raise external capital for a new real estate investment fund opening up what until now has been an internal operation to outside investors, according to a report by Bloomberg.
Australian investment firm Platinum Asset Management Ltd has entered into takeover discussions with Regal Partners Ltd, granting the hedge fund access to due diligence in the hopes of securing a potentially higher bid, according to a report by Bloomberg.
Dubai is now home to over 40 hedge fund firms with assets exceeding $1bn each, collectively employing more than 1,000 people, according to a report by Bloomberg quoting Salmaan Jaffery, Chief Business Development Officer of the Dubai International Financial Centre Authority (DIFC).
Australia’s sovereign wealth fund the Future Fund’s allocation with Man Group Plc – the world’s largest listed hedge fund – shrink by approximately AUD1.5bn ($1bn) in the first half of 2024, according to a report by Bloomberg.
ExodusPoint Capital outperformed its multi-strategy hedge fund peers in September, posting a 1.5% gain, bringing its year-to-date return to 6.5% for 2024, according to a report by Business Insider citing an unnamed source familiar with the firm.
The Bank of England (BoE) has issued a cautionary note about the growing vulnerabilities in the financial system due to hedge funds’ record-setting short positions against US government bonds, according to a report by the Financial Times.
Paul Podolsky, a seasoned hedge und executive with over 15 years of experience at Bridgewater Associates, is gearing up to launch his new hedge fund, Kate Capital, on 1 November, with approximately $200m in initial capital, according to a report by Business Insider.
Buckley Capital Partners a Florida-based hedge fund manager focussed on value and special situation long-short equity investments, has written to the Board and management team of Euronext-listed Basic-Fit NV, recommending a strategic review of the business.
Global hedge funds ramped up their purchases of Chinese stocks last week, spurred by Beijing’s unexpectedly wide-ranging package of economic stimulus measures, resulting in the strongest week of acquisitions on record, according to a report by Reuters.
Billionaire investor Stanley Druckenmiller, who rose to prominence working alongside George Soros as well as managing his own successful hedge fund firm Duquesne Capital, isn’t buying into the recent surge in Chinese stocks, according to a report by Barron’s.
