Latest News
Klarna has struck a two-year forward-flow agreement with Elliott Investment Management that will see Elliott funds purchase as much as $6.5bn of the fintech’s longer-duration US consumer loans, according to a report by Bloomberg.
A new academic study argues that a surprisingly small group of investment consultants quietly shaped one of the most powerful allocator trends of the past two decades: the mass migration of US public pensions into hedge funds, private equity, and real estate, according to a report by Bloomberg.
Cboe Global is to begin trading bitcoin (PBT) and ether (PET) continuous futures on its Cboe Futures Exchange from 15 December, 2025, pending regulatory approval, with the contracts providing US investors with perpetual-style exposure to the two largest digital assets.
Marshall Wace is planning to return roughly $3.1bn to investors across two of its flagship hedge fund strategies, joining a growing list of major managers choosing to curb asset growth to protect performance, according to a report by Bloomberg.
Hedge funds have kicked off the fourth quarter of 2025 with robust performance, posting a weighted average return of 2.1% in October, according to the latest Monthly Hedge Fund Report from global hedge fund administrator Citco.
Executive search firm Bay Street Advisors has expanded its hedge fund and alternatives practice with the appointment of Dominique Lawrence, who joins from joins from Jackson Lucas, as a director, according to a report by Hunt Scanlon Media.
Tiger Global Management sharply cut its exposure to Meta Platforms in the third quarter, reducing its stake by 63%, according to a report by Reuters citing the the fund’s 13F regulatory filing for the third quarter of the year.
Ken Griffin, founder of multi-strategy hedge fund major Citadel, is selling a Palm Beach property at 151 Worth Avenue, which previously housed a Neiman Marcus outpost, for approximately $81m, according to a report by Bloomberg citing the buyer, TZ Capital.
Peter Thiel’s hedge fund, Thiel Macro, liquidated its entire Nvidia position during Q3, offloading roughly 538,000 shares worth around $100m at quarter-end, according to a report by Reuters citing a regulatory filing released on Friday.
Steve Cohen’s Point72 Asset Management has sharply reduced its exposure to Sphere Entertainment, unloading roughly 85% of its position as the stock surged this year, according a report by Sportico citing a recent SEC regulatory filing.
Special Reports
FeatureD
- Insight
