Managers
A 90% fall in assets since 2016 has prompted Carlson Capital, the Dallas based hedge fund firm founded by Clint Carlson in 1993 which once managed about $9bn, to shutter its London office as part of a restructuring plan, according to a report by Bloomberg.
Nishant Gupta, a former Partner at Clean Energy Transition, the London-based hedge fund firm spun out of Lansdowne Partners by Per Lekander two years ago, is gearing up to launch a new long-short equity fund focused on the green economy, according to a report by Reuters.
Despite prices falling to their lowest level in real terms since futures trading began in 1990, hedge funds and other professional traders have turned ultra bearish on their outlook for the US gas market, according to a report by Reuters.
Hedge funds are cashing out of the tech sector and selling their stock holdings at the fastest pace seen in seven months, after piling in over the weeks leading up to Nvidia’s earnings, according to a report by Bloomberg.
Activist hedge fund firm Blackwells Capital, a significant shareholder in the Walt Disney Company, has released an excerpt from its upcoming investor presentation that details Blackwells’s vision for the future of technology at the entertainment giant.
Profits last year at multi-strategy hedge fund major Citadel were boosted by a bumper 12 months for the firm’s commodities trading business, which generated more than $4bn in 2023, according to a report by Bloomberg.
London’s Court of Appeal has ruled that Argentina must pay a deposit of €310m ($337m) before a full appeal can be heard in a court case brought by hedge funds seeking $1.5bn in compensation over losses incurred in the country’s growth-linked securities, according to a report by Bloomberg.
Fundraising for Bobby Jain’s much anticipated hedge fund launch later this year has reached $3bn, roughly half of the revised target for the new fund, which is expected to begin trading in July, according to a report by Bloomberg.
Starboard Value, the US activist hedge fund firm founded in 2002 by Jeffrey Smith and Mark Mitchell, has nominated four people to the board of Alight as part of a push for change at the US benefits services provider, according to a report by Reuters.
Rokos Capital Management, the macro hedge fund major founded by Chris Rokos, stands to make a profit of more than $1bn after a bet on US interest rates paid off following a sell-off in US bonds, according to a report by The Telegraph.
