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Activist hedge fund Irenic Capital Management has quietly built a stake in Couchbase Inc, a US-listed enterprise software firm specialising in database technology, according to a report by Bloomberg citing unnamed sources familiar with the matter.
Hedge funds significantly reversed their pro-growth positions in both US equities and corporate bonds during the first three months of the year, while upping their bets on gold, according to the latest Hedge fund Barometer from Unlimited
Match Group has headed off a potential proxy battle after activist investor Anson Funds Management LP agreed to withdraw its director nominations, following recent changes to the dating app company’s board composition, according to a report by Bloomberg.
Former Millennium portfolio manager Jerome Busca has joined Fasanara Digital, the $300m London-based crypto hedge fund, as it looks to broaden its strategy suite and capitalise on rising institutional demand for digital assets, according to a report by Financial News.
Derivatives and securities exchange network Cboe Global Markets has begun to offer trading in its new Cboe FTSE Bitcoin Index futures, new cash-settled futures, based on the FTSE Bitcoin Reduced Value Index (XBTF), and the latest addition to its suite of digital asset derivatives.
Point72, the $37bn multi-strategy hedge fund founded by Steven Cohen, is offering an annual base salary of up to $400,000, plus discretionary bonus, as it looks to hire a senior AI/ML staff engineer in the US, according to a report by Financial News.
Millennium Management has recruited Steve Schurr, a senior equities executive from rival Balyasny Asset Management, with a potential compensation package exceeding $100m, according to a report by Bloomberg citing unnamed sources familiar with the matter.