Latest News
The Teachers’ Retirement System of the State of Illinois (TRS) has made a $250m commitment to Capstone Drummer Fund, LP, marking its only active allocation to the hedge fund manager within TRS’s $4.1bn Diversifying Strategies Portfolio.
London-based hedge fund Arini Capital Management, which was founded four years ago by Hamza Lemssouguer and manages $12bn, has added Hassan Ajakane as an equity derivatives portfolio manager to strengthen its credit hedging capabilities, according to a report by eFinancial Careers.
The UK’s Financial Conduct Authority (FCA) is set to stop publicly revealing the identities of investors holding short positions, moving to aggregated and anonymised reporting instead, according to a report by the Financial Times.
Nelson Peltz’s activist hedge fund Trian Partners and technology-focused investor General Catalyst have submitted a $7.2bn takeover proposal for London-based asset manager Janus Henderson, according to a report by Reuters.
Activist hedge fund Donerail Group is pushing US boat retailer and marina operator MarineMax to consider strategic alternatives – including a potential sale or a change in leadership – amid mounting frustration over performance and governance, according to a report by Reuters.
London-based crypto hedge fund Fasanara Digital, led by Nikita Fadeev, is continuing its rapid build-out, attracting senior hires from some of the biggest names in traditional finance and quantitative trading, according to a report by eFinancial careers.
Quant-driven hedge funds are enduring their toughest month since July this month as a sharp reversal in crowded trades sends ripples through systematic strategies, according to a report by Bloomberg citing a note from Goldman Sachs’ prime brokerage desk.
Ace Digital AS is to launch a NOK5m Bitcoin Treasury Company Fund targeting professional investors by the end of 2025 having acquired 100% of Ace Funds AS, a dormant but fully compliant alternative investment fund (AIF) and fund manager (AIFM).
The Bank of England will accelerate the release of minutes from its new quarterly meetings with major banks and hedge funds, following concerns that participants could gain privileged insight into monetary policy thinking, according to a report by Bloomberg.
Hedge funds have raised their exposure to artificial intelligence-linked technology hardware to the highest level since Goldman Sachs began tracking the data in 2016, according to a report by Bloomberg citing a client note from the bank.
