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Starboard Value, the activist US hedge fund firm founded by Jeff Smith and Mark Mitchell, has amassed a 9.3% stake in Rogers Corporation, signalling a renewed push to unlock value at the underperforming advanced materials company, according to a report by Reuters.
Long-short equity managers outpaced other hedge fund strategies in July, capitalising on record equity market highs, while systematic hedge funds faltered and multistrategy platforms posted mixed results, according to a report by Reuters citing data from Goldman Sachs and other industry sources.
Forza Investment Group, a credit-focused private investment firm managing around $1.6bn in assets, has appointed Arun Seshadri as Managing Director & Portfolio Manager, Capital Solutions & Origination.
Proxy adviser Institutional Shareholder Services (ISS) has recommended that shareholders in Third Point Investors Limited (TPIL) vote against its proposed acquisition of Malibu Life Reinsurance SPC, according to a report by Reuters.
Marshall Wace, the $76.9bn London-based hedge fund manager co-founded by veteran investor Paul Marshall, delivered mixed performance across key strategies in July, according to a report by Reuters citing an unnamed person familiar with the matter.
Marex has bolstered its prime brokerage and outsourced trading sales team in New York with the appointment of Patterson McDonald, as the firm continues to scale its global offering for hedge funds and asset managers.
Capital Fund Management, the Paris-based quantitative hedge fund manager with over $19bn in AUM, is relocating its New York office as part of a significant push to expand its North American investment and fundraising operations, according to a reports.
Millennium Management has made its first-ever allocation to a South Korean hedge fund manager, entrusting $250m to Seoul-based Billionfold Asset Management in a separately managed account focused on Korean equities, according to a report by Bloomberg.
Rokos Capital Management, the $22bn macro hedge fund founded by Chris Rokos, is set to open a new office in Abu Dhabi in early 2026 as it expands its global footprint and taps into the Middle East’s growing investor and talent base, according top a report by Bloomberg.
Greenlight Capital, the long-short equity hedge fund led by veteran manager David Einhorn, has given back all of its 2025 gains following a third consecutive monthly loss, according to a report by Reuters citing an unnamed investor.
