Latest News
Elliott Investment Management is exploring strategic options for Ark Data Centres, the UK operator it has owned since 2012, in a deal that could value the business at more than £3bn ($4bn), according to a report by Reuters.
Activist hedge fund Irenic Capital Management has taken a roughly 2% stake in financial reporting software provider Workiva (NYSE: WK) and is pressing for governance changes, improved profitability, and a potential sale, according to a report by reuters.
Qomply, a leading provider of regulatory reporting solutions, has appointed Neil Treloar as Chief Operating Officer (COO) for its UK headquarters. He will work closely with the Executive team as the firm expands its global reach.
London-based multi-manager hedge fund Eisler Capital is set to shut down after struggling to meet performance expectations and facing rising costs to attract and retain top trading talent, according to a report by the Financial Times.
Global hedge funds saw their largest weekly selloff in emerging Asia equities in more than five months last week, as investors trimmed positions ahead of the region’s major holiday season, according to a report by Reuters citing a Goldman Sachs client note.
Top hedge fund professionals are increasingly hiring talent agents, following a model more commonly seen in Hollywood and professional sports amid intensifying competition for talent among multi-manager platforms, according to a report by the Wall Street Journal.
McKay Brothers has unveiled a new private transport network connecting London and Singapore with a round-trip latency of under 137 milliseconds, positioning it as the fastest available route for crypto and FX trading between the two financial hubs.
Activist hedge fund Engine Capital has disclosed a roughly 3% stake in Acadia Healthcare, one of the largest US providers of mental health services, calling for a board refresh and a strategic review of the company’s assets, according to a report by the Financial Times.
David Einhorn, founder of hedge fund Greenlight Capital, has warned that the massive spending spree on artificial intelligence (AI) infrastructure could lead to significant capital destruction, even if the technology ultimately proves transformative, according to a report by Bloomberg.
Citadel, the global hedge fund and market-making firm, has leased office space atop Boston’s newly completed South Station Tower, marking a significant expansion in the city for the business, according to a report by Bloomberg.
