Managers
Activist investor Engaged Capital is preparing to launch a proxy contest at financial software provider BlackLine, as it steps up pressure on the company to pursue strategic alternatives, including a potential sale, according to a report by Reuters.
Conductor Capital, a London-based commodity-focused hedge fund founded in 2022 by former EDF Trading executive Marcello Romano, is set to close, following a difficult period for parts of the energy and commodities trading sector, according to a report by Bloomberg.
Arrowpoint Investment Partners, the hedge fund founded by former Goldman Sachs managing director Jonathan Xiong, has received regulatory approval to operate in Dubai, as the Middle East continues to draw global hedge fund mangers, according to a report by Financial News London.
TCI Fund Management founder Sir Chris Hohn paid himself an $81.6m dividend in the year to 31 March 2025, as revenues at the firm climbed sharply amid another strong year of investment performance, according to a report by Financial News London.
Hedge funds, including Carronade Capital Management and Canaima Capital, are actively seeking investment opportunities in Venezuela’s unpaid financial claims, following the US capture of President Nicolás Maduro and the potential for a debt restructuring, according to a report by then Financial Times.
The $5tn hedge fund sector is increasingly defined not by headline trades or fund launches, but by the fierce competition among the biggest firms to hire and retain top portfolio managers, according to a report by Business insider.
Ryan Tolkin, CEO of multi-strategy hedge fund Schonfeld Strategic Advisors, has suggested that artificial intelligence could largely replace traditional data analyst roles within the industry, according to a report by eFinancial Careers
London-based multi-strategy hedge fund Capula has reported a decline in revenue and profits for the year ending 31 March 2025, prompting reductions in pay across the firm, according to a report by Bloomberg, citing recent financial filings.
Comerica shareholders have overwhelmingly approved the bank’s $10.9bn all-stock sale to Fifth Third Bancorp, brushing aside opposition from activist hedge fund HoldCo Asset Management, which had urged investors to reject the transaction, according to a report by Reuters.