Latest News
Activist hedge fund Half Moon Capital is pressing cloud storage specialist Dropbox to dismantle its dual-class share structure, which currently grants CEO and co-founder Drew Houston a supermajority voting stake, according to a report by The Wall Street Journal.
Digital asset investment products saw a reversal last week, breaking a five-week streak of outflows, with inflows totalling $644m, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.
Katsunori Tanaka, a former Goldman Sachs analyst and now Chief Investment Officer of Ariake Capital, is capitalising on Japan’s overlooked regional banks – delivering an impressive 300% return in just three years, according to a report by Bloomberg.
Transaction Network Services, a provider of trading infrastructure for hedge funds and other investors, has launched services at the Equinix ZH4 colocation data centre in Zurich, providing ultra-low latency connectivity to the SIX Swiss Exchange.
Pleasant Lake Partners, the hedge fund led by Jonathan Lennon, has secured a capital commitment of at least $2bn – inlcuding leverage – from Millennium Management, marking a significant expansion of its investment mandate, according to a report by Bloomberg.
Ray Dalio, the founder of Bridgewater Associates, the world’s largest hedge fund, has been appointed as an advisor to Indonesia’s newly launched $900bn sovereign wealth fund, Danantara, according to a report by Fortune.
Equity Data Science, a provider of investment process management software, has strengthened its advisory team with the addition of seasoned industry professionals Perry Boyle, Jay Chandler, Phil Vilhauer, and Vikas Kalra.
Lazard and Arini Capital Management, the $7.9bn credit-focused hedge fund founded by ex-Credit Suisse star trader Hamza Lemssougue have entered into a strategic partnership to expand direct lending solutions across the EMEA region.
An unexpected rise in the cost of equity financing is pressuring some hedge funds and asset managers, while presenting a lucrative opportunity for cash-rich investors, according to a report by Bloomberg.
While many major hedge funds have struggled in March’s turbulent markets, Chris Rokos’ macro hedge fund has bucked the trend, gaining 3.4% up to the end of last week, according to a report by Business Insider, citing an unnamed source familiar with the firm’s performance.
