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Menos AI, a fintech start-up founded by investment and AI veterans, has launched its flagship product—Sonαr, an intelligent research agent built specifically for hedge funds and institutional asset managers.
Lee Ainslie’s Maverick Capital is expanding for the first time in years, launching a semiconductor-focused vehicle and actively raising capital for its hedge funds – moves that mark a rare growth initiative for the $10bn firm founded over three decades ago, according to a report by Bloomberg.
Dan Loeb’s Third Point delivered a strong start to H2 2025, returning 4.5% in July, comfortably outpacing the S&P 500’s 2.2% gain (including dividends), according to a report by Business Insider citing the firm’s latest investor update.
Cinctive Capital Management delivered a 3% return in July, comfortably outperforming both the S&P 500’s 2.17% gain and several larger multi-strategy peers, according to a report by Reuters citing an unnamed source familiar with the performance.
Millennium Management is continuing to strengthen its European equities platform, with the firm reportedly hiring Niall Barton, a systematic portfolio manager from Maven Securities, according to a report by eFinancial Careers citing unnamed sources familiar with the matter.
Top-performing Singapore-based hedge fund Dymon Asia Capital is accelerating its expansion across Asia, amid growing investor appetite for regional exposure and a broader industry push to diversify return streams beyond developed markets, according to a report by Business Times.
Quantitative analytics firm ABC Quant has launched the Beta II release candidate of its AI-powered risk and portfolio management platform, Risk Shell AI, as part of its efforts to modernise risk analysis for hedge funds, asset allocators, and other institutional investors.
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.
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