Latest News
Hedge fund Brevan Howard is set for a senior change as Duke Dayal, who joined as CFO in January 2024, prepares to leave the firm. His role will be assumed by Al McGroarty, the London-based global COO who joined from Maven Securities in July 2025, according to a report by eFinancial Careers.
Davidson Kempner Capital Management has become the latest major hedge fund to establish a presence in Abu Dhabi with the opening of a new office in the emirate’s international finance centre, the Abu Dhabi Global Market (ADGM).
Hedge funds increased exposure to global industrials last week while trimming US equity positions, as renewed US-China trade tensions and a government shutdown triggered the sharpest US market sell-off since April, according to a report by Reuters citing client notes from Goldman Sachs.
Arcesium, a provider of investment lifecycle and data management technology for the global investment industry, has launched Aquata® Marketplace, an interoperable data ecosystem for the institutional investment industry.
Neverwinter has launched Neverwinter Fund I, a new Luxembourg-based bitcoin hedge fund for institutional investors, which is structured as a Special Limited Partnership (SLP), with the fund manager registered under Article 3(2) of the AIFM Law.
Ken Griffin has downplayed the difficulty of moving Citadel’s operations out of Chicago, describing the firm’s relocation to Miami as a logical response to worsening crime, high taxes, and what he called “a series of problems” facing Illinois, according to a report by Fox Business.
Hedge fund Balyasny Asset Management has strengthened its London team with the hire of Simon Costello, a former Goldman Sachs FX options trader, as a Portfolio Manager, according to a report by Financial News London.
Gold Reserve is seeking the disqualification of Judge Leonard Stark, court officer Robert Pincus, and two advisory firms from the auction of Citgo Petroleum’s parent company – with Elliott Investment Management affiliate Amber Energy currently the front runner, according to a report by Reuters.
Sir Chris Hohn’s Children’s Investment Fund Foundation (CIFF) — one of the world’s largest charitable foundations linked to hedge fund wealth — has halted all grants to US-based non-governmental organisations, according to a report by the Financial Times.
Eisler Capital’s decision to shutter its flagship multi-strategy fund has reignited debate over the sustainability of the pass-through fee model and the escalating cost of talent across the hedge fund industry, according to a report by Reuters.
