Latest News
WorldQuant’s flagship International Quant Championship drew a record 80,000 university entrants this year, double last year’s total, as advances in artificial intelligence lower barriers for students building quantitative trading models, according to a report by Reuters.
Dan Loeb’s Third Point has bolstered its private credit capabilities with the recruitment of three senior professionals from Apogem Capital, marking the hedge fund’s latest move into direct lending, according to a report by Bloomberg.
Temple Capital, a fully systematic digital asset hedge fund manager with AUM of approximately $125m, has strengthened it team with the appointments of Valerie Schaber as Director and Martin Boczek as Head of Capital Formation.
Hedge funds targeting California wildfire insurance claims are facing new obstacles after the state passed legislation restricting trades in subrogation claims, according a report by Bloomberg citing unnamed sources.
Hedge fund manager Steve Cohen’s Point72 Private Investments has led a $65m Series B funding round in Australian AI health startup Heidi, valuing the company at $465m, according to a report by Bloomberg, citing unnamed sources.
Hedge funds posted average returns of 1.3% in September, with managers in Europe, Asia and the Middle East generally outperforming their North American peers, according to a report by Reuters citing a JPMorgan client note.
Paul Singer’s Elliott Investment Management has intensified its legal battle with Texas private equity firm Stronghold Investment Management, alleging the firm overcharged expenses and refused to liquidate two oil and gas-focused fund pools, accoring to a report by Bloomberg.
US hedge fund Davidson Kempner Capital Management LP has purchased approximately $1.4bn in non-performing loans from Abu Dhabi Commercial Bank PJSC, its second major distressed debt transaction with the lender, according to a report by Bloomberg.
Hedge fund Eisler Capital is rumoured to be considering the sale of some of its technology and assets as it winds down investments before the end of 2025, according to a report by eFinancial Careers citing unnamed market sources in London and the US.
Calamos and Aksia have expanded their AC Private Markets partnership with the launch of the Calamos Aksia Hedged Strategies Fund providing providing with access to a diversified portfolio of hedge fund managers in a single actively managed vehicle.
Special Reports
FeatureD
- Insight
