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Point72 Asset Management, the $37bn multi-strategy hedge fund firm founded by Steve Cohen, has seen the departure of two senior macro portfolio managers – Yau Ng in Singapore and Alex Blanchard in Dubai – according to a report by Bloomberg.
As founder of hedge fund Pershing Square Capital Management, Bill Ackman is no stranger to activist campaigns at his firm’s portfolio companies. And now the 58-year-old seems to be bringing that expertise to bear on his alma mater, Harvard, according to a report by Bloomberg.
Hedge funds are retooling one of last year’s most popular options strategies – index dispersion trades – as market turbulence and macroeconomic uncertainty reshape the volatility landscape, according to a report by Bloomberg.
Digital asset investment products recorded a third consecutive week of inflows, totalling $2bn last week, bringing total inflows over the past three weeks to $5.5bn, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.
Bill Ackman is taking a major step toward transforming his Pershing Square Capital Management hedge fund firm into a diversified holding company by upping his stake in real estate developer Howard Hughes Holdings (HHH) to 46.9% with an additional $900m investment in the business, according to a report by Reuters.
Armistice Capital, a $2bn equity long-short hedge fund with a focus on biotech, has recorded its third straight month of losses in 2025 – just after locking in investor capital for the full year, according to a report by the Wall Street Journal.
David Einhorn’s Greenlight Capital posted a 3.4% gain in April, capitalising on market volatility to extend its year-to-date performance to 11.9% and placing the fund among the top-performing long-short equity managers so far in 2025, according to a report by Institutional Investor.
Hedge funds are ramping up short bets against private credit firms, including Apollo Global Management, Ares Management, and Blue Owl Capital, betting that economic headwinds, and trade frictions will take a toll on the booming direct lending market, according to a report by Bloomberg.
Hedge fund DE Shaw has secured $1.3bn in commitments for its latest private credit vehicle, Diopter Fund II, which focuses on acquiring credit risk exposures from banks through synthetic securitisation strategies, according to a report by Bloomberg.
Third Point, the hedge fund led by Daniel Loeb, has disclosed a “meaningful” stake in US Steel, expressing confidence that the company’s proposed merger with Japan’s Nippon Steel will proceed despite recent political headwinds, according to a report by Reuters.
