Latest News
Hedge fund Seer Capital Management LP is ramping up purchases of significant risk transfers (SRTs) as it seeks to appeal to investors looking for loan exposure without taking on the full risks of direct private credit, according to a report by Bloomberg.
Neuberger Berman has agreed to assume control of MIO Partners, the $20bn investment arm of McKinsey & Co, in a transaction that brings one of the most established in-house hedge fund and alternative investment platforms under the ownership of a global asset manager, according to a report by Bloomberg.
Lone Pine Capital has promoted long-time investor Rahul Anne to portfolio manager, marking the first such appointment at the $19bn hedge fund founded by Stephen Mandel Jr in more than a decade, according to a report by Business Insider.
Blackstone is folding its hedge fund seeding operation into its $60bn Absolute Return platform, a move designed to give the firm greater scale as competition intensifies among multi-strategy managers seeking to attract and retain trading talent, according to a report by Bloomberg.
Bill Ackman’s hedge fund Pershing Square Capital Management has built a substantial position in Meta Platforms, committing around $2bn to the social media and technology group as it sharpens its focus on artificial intelligence-driven growth, according to a report by Reuters.
The yen carry trade has become a “ticking time bomb” for hedge funds and other leveraged investors, with the potential for a sharp and disorderly unwind, according to a report by Bloomberg citing a note from BCA Research.
Outflows in digital assets funds slowed sharply to $187m last week despite heavy price pressure, with the deceleration in flows historically signalling a potential inflection point, according to Data from CoinShares.
Australian equities portfolio manager Frank Podrug is set to depart Cooper Investors later this month, according to market sources, to take up a new position with Sydney-based hedge fund firm Drummond Knight, according to a report by the Financial Review.
Multi-strategy hedge funds are expected to remain the fastest-growing segment of the industry into 2026, as managers continue to attract strong inflows and deliver robust performance, according to new research published by global fund administrator Citco in collaboration with Alternative Fund Insight (AFI).
Herbert Filho, the former head of European credit trading and research at Morgan Stanley, has left Bobby Jain’s multi-strategy hedge fund Jain Global, according to a report by eFinancial Careers citing regulatory filings and market sources.
