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Schulte Roth & Zabel (Schulte) and Eisenhandler & Co (Eisenhandler) have formed a strategic partnership to deliver a comprehensive compensation consulting and legal services offering tailored to alternative investment managers.
Ansatz Capital, a New York-based proprietary quant trading firm established by former hedge fund and trading firm professionals including DE Shaw Research’s Albert Shieh, has established a UK subsidiary, according to a report by eFinancial Careers.
Keith Meister, founder of activist hedge fund Corvex Management, is set to join the board of Illumina (ILMN.O) as the gene-sequencing firm grapples with regulatory and market headwinds, according to a report by Reuters.
Activist hedge fund Engine Capital Management has nominated two director candidates for Lyft’s board, signalling a potential proxy battle at the ride-hailing firm, sources familiar with the matter have told Reuters.
Citadel has further strengthened its treasury quant team with the appointment of Tushar Singla as the new head of international treasury quants, based in the firm’s London office, according to a report by eFinancial Careers.
A panel of financial experts has urged the Federal Reserve to consider setting up an emergency facility to manage the potential unwinding of highly leveraged hedge fund basis trades – a move aimed at safeguarding the $29tn US Treasuries market from systemic risk, according to a report by Bloomberg.
Balyasny Asset Management has secured another high-profile hire, bringing on Citadel trader David Brodsky with a compensation package worth up to $50 million, according to a report by Bloomberg citing sources familiar with the matter.
Elliott Investment Management has filed a lawsuit against Phillips 66 and its board, aiming to ensure that at least four board seats remain up for election at the company’s 2025 annual shareholder meeting, as part of an ongoing activist campaign, according to a report by Bloomberg.
Emerging markets and Asian hedge funds have posted strong gains in early 2025, capitalising on heightened market volatility driven by tariff and trade uncertainty and sharp declines in tech equities and cryptocurrencies, according to the latest data released by HFR.
Citadel, the multi-strategy hedge fund led by Ken Griffin, has appointed Rafa Lopez Espinosa as the new Chief Operating Officer (COO) of its global equities business. Lopez Espinosa joins Citadel after nearly a decade at Point72, according to a report by Financial News.