Managers
Sir Christopher Hohn’s TCI has built a $636m portfolio of loans backed largely by Italy’s most exclusive hotels, giving the hedge fund exposure to a luxury hospitality market benefiting from strong demand and limited supply, according to a report by the Financial Times.
A prolonged selloff in US Treasuries is creating a potential opportunity for hedge funds and other relative-value traders to exploit pricing discrepancies between Treasury futures and the underlying bonds, according to a report by Bloomberg.
Hong Kong’s proposed expansion of tax relief for investment managers is prompting hedge funds, banks and family offices to reassess their structures, compensation arrangements and hiring strategies, according to a report by the Business Times.
D1 Capital Partners has emerged as the largest hedge fund shareholder in SpaceX, with the firm led by Dan Sundheim reporting a stake worth more than $21.5bn following the rocket company’s public listing, according to a report by Institutional investor.
Paul Tudor Jones’ Tudor Investment has increased its exposure to bitcoin through BlackRock’s iShares Bitcoin Trust ETF, reversing a year-long reduction in the hedge fund’s position, according to a report by The Street.
Tiger Global Management reduced its exposure to several of the biggest US technology companies during the second quarter while adding new positions in Advanced Micro Devices and SpaceX, according to a report by Reuters citing the firm’s latest regulatory filing.
Peter Thiel’s Macro hedge fund has acquired a roughly $76m position in Argentine oil producer Vista, giving the billionaire’s hedge fund a 1% holding in one of the key operators in the country’s Vaca Muerta shale basin, according to a report by Reuters.
Institutional investors adopted a notably cautious stance towards some of the US stock market’s most popular technology trades during Q2, with regulatory filings showing buying and selling activity broadly balanced across several key areas, according to a report by Reuters.
Situational Awareness had significantly increased its exposure to semiconductor stocks Micron Technology and Sandisk before last month’s sharp selloff in AI-related equities, according to a report by Bloomberg.
Rokos Capital Management is moving to lengthen the time investors need to fully withdraw their capital, joining a growing group of major multi-strategy and macro hedge fund managers seeking greater stability in their funding base, according to a report by Bloomberg.
