Managers
Hedge funds holding Venezuelan sovereign and state oil company debt – including Broad Reach and Winterbrook Capital – have recorded sharp gains after the country’s defaulted bonds surged following the US-led apprehension of President Nicolás Maduro, according to a report by the Financial Times.
Hedge funds sharply increased bullish positions on crude oil in the week before the US capture of Venezuelan President Nicolás Maduro, according to a report by Bloomberg citing data from teh Commodity Futures Trading Commission.
Michel Massoud’s London-based Melqart Asset Management is planning to open an office in Dubai, joining a growing wave of hedge funds establishing a presence in the Middle East, and the United Arab Emirates in particular. according to a report by Bloomberg.
Activist investors mounted a record number of campaigns globally in 2025, as market volatility, improved financing conditions and a rebound in dealmaking created fertile conditions for shareholder agitation, according to a report by Reuters citing data from Barclays.
DE Shaw & Co has suspended returning profits to clients despite strong performance across its flagship hedge funds last year, marking a departure from its longstanding practice of distributing gains to manage fund size, according to a report by Bloomberg.
Tribeca Investment Partners is exploring investment opportunities in Venezuela following a strong performance in its natural resources strategy, as the hedge fund positions itself to capitalise on what it views as a rapidly opening market, according to a report by Bloomberg.
New York-based investment bank Cantor Fitzgerald has said the closing of its acquisition of UBS Group’s O’Connor hedge fund business will extend into 2026, with assets and strategies transferring in stages over the coming months.
Edinburgh Worldwide Investment Trust has called for greater transparency from activist hedge fund Saba Capital Management as tensions escalate ahead of a shareholder vote on a proposed board overhaul, according to a report by Alliance News.
Ilex Capital, the hedge fund founded by former Citadel traders Jonas Diedrich and Dave Sutton, sharply increased compensation for its highest-paid individual during its most recent financial year, alongside a significant rise in profits and assets under management, according to a report by Financial News London.
Pressure is mounting on US retailer Target after activist hedge fund Toms Capital Investment Management built a stake in the company, as the retailer grapples with an extended period of weak sales and a sharply lower share price, according to a report by the Financial Times.
