Latest News
Fir Tree Partners, a New York-based activist hedge fund firm with an almost 30-year track record of campaigns targeting distressed companies, is returning external capital to investors, according to a report by Bloomberg.
Citadel has provided an unusual look into the performance of its largest multi-strategy funds, revealing an impressive $57bn in gains during a period of significant profitability for the firm, the most lucrative hedge fund business in history, according to a report by the Business Times.
Alp Ercil, a prominent figure in Asia’s distressed asset investment space, is closing his $3bn flagship hedge fund and converting his firm, Asia Research & Capital Management, into a family office, according to a report by Bloomberg.
Third Point, the investment manager of Third Point Investors Limited, has published its Q4 2024 investor letter, highlighting robust returns across its strategies, including a 9.1% gain for its flagship Offshore Fund, and key portfolio updates.
Swiss private banking giant Lombard Odier has closed its underweight position in hedge funds as part of its updated strategic asset allocations, citing the need for greater diversification and improved risk management in volatile markets, according to a report by CityWire.
Borderless, a Web3 technology-focused private investment management firm, has bolstered it institutional-grade investment capabilities with the appointment of Ryan Silva as Partner and Head of Trading for the firm’s Multi-Strategy Fund.
BitMEX, the OG crypto derivatives exchange, has launched 20 new option contracts, offering traders one of the first-ever opportunities to engage with a diverse range of altcoin options across litecoin, SUI, LINK, AAVE, and more.
Hedge funds are capitalising on mounting resistance to the European Union’s stringent ESG regulations, advocating for exemptions from some of the bloc’s reporting requirements, according to a report by Bloomberg.
The Wellington Fund, the flagship hedge fund at Ken Griffin’s multi-strategy firm Citadel, delivered a 1.4% gain in January, navigating a volatile market environment, according to a report by CNBC citing a source familiar with the results.
Twelve Capital and Lumyna Investments, part of Generali Investments, have launched a new parametric insurance-linked securities (ILS) fund – Twelve Capital Parametric ILS Fund – backed by a leading European institutional investor.
