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Ken Griffin, CEO of multi-strategy hedge fund major Citadel, has publicly criticised the Trump administration’s latest tax legislation, warning it would significantly worsen the US national debt, which already stands at $36tn, according to a report by the New York Post.
BCP Technologies has launched Tokenised GBP (tGBP), becoming the first FCA-registered firm to issue a live, GBP-denominated stablecoin in the UK – a move that could significantly accelerate the institutionalisation of blockchain-based finance in sterling markets.
The European Energy Exchange is rolling out a sweeping new liquidity programme aimed at reinvigorating trading activity in the Nordic power market, with a series of incentives and structural changes set to launch on 1 September 2025.
Hedge funds posted broad-based gains in May, benefiting from a global equity rebound and dislocations sparked by April’s trade-driven volatility. However, strategies exposed to commodities and fixed income faced headwinds, according to a report by Reuters citing bank prime brokerage data and industry sources.
Michael Platt’s BlueCrest Capital Management, the former hedge fund now operating as a family office, has delivered a 28% gain year-to-date, driven in large part by a well-timed short position against the US dollar, according to a report by the FT citing sources familiar with the firm’s strategy.
George Weiss, the veteran hedge fund manager and founder of Weiss Multi-Strategy Advisers, has filed for personal Chapter 11 bankruptcy protection, following a court ruling that held him personally liable for over $100m in debt owed to Jefferies Financial Group, according to a report by Bloomberg.
Cryptanium Fund I SP, a digital assets-focused hedge fund on the CV5 Digital platform, has posted a 6.1% net return for the first quarter of 2025, continuing its run of strong performance and beating industry benchmarks despite a volatile market backdrop.
Balyasny Asset Management has added former Deutsche Bank bond trader Jamie Mansell to its macro team, as the $25bn multi-strategy hedge fund continues to ramp up hiring across its investment platform, according to a report by Bloomberg.
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