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Activist hedge fund Engine Capital has officially launched a proxy battle at ride-hailing firm Lyft, nominating two independent candidates to the company’s board in an effort to push for governance reform and improved shareholder returns, according to a report by Reuters.
Whale Rock Capital Management posted a sharp 20% loss in the first quarter of 2025, as renewed trade tensions under the Trump administration sparked a rout in public equities — with tech and growth names hit particularly hard, according to a report by Bloomberg.
Ninepoint Partners LP one of Canada’s leading hedge fund firms with over CAD7bn in AUM, has added Samarjit (Sam) Mitter to its investment team as Senior Portfolio Manager, beginning May 2025.
Unlimited has launched the Unlimited HFGM Global Macro ETF, a new actively managed exchange-traded fund offering exposure to global macro hedge fund-style strategies in a tax-efficient and low-cost structure.
Hedge fund giant Millennium Management has hired Vaibhava Goel, a longtime AI researcher and IBM Watson veteran, as its new Head of Machine Learning Research, in a move that underscores the firm’s commitment to advancing its AI capabilities, according to a report by eFinancial Careers.
Assets under management at Man Group, the world’s largest listed hedge fund, fell by $5.6bn (£4.2bn) in the first two weeks of April to $167bn, as market volatility hit the asset manager’s strategies, according to a report by City AM.
Bill Ackman’s Pershing Square Capital Management has disclosed an almost 20% stake in Hertz Global Holdings, prompting a dramatic surge of more than 56% in the car rental company’s share price, according to a report by Bloomberg.
3iQ Corp, a specialist in digital asset investment solutions, is to launch trading in the 3iQ Solana Staking ETF, which numbers SkyBridge Capital among its largest unit holders, on the Toronto Stock Exchange on 16 April.
Hedge fund firm H Partners, one of Harley-Davidson’s largest shareholders with a nearly 9% stake, is escalating pressure on the iconic motorcycle manufacturer by launching a campaign to oust three long-serving board members, according to a report by the Wall Street Journal.
Brazilian hedge funds are repositioning portfolios to capitalise on falling domestic interest rates, as escalating trade tensions – triggered by Donald Trump’s tariff announcements – spark fears of a global economic slowdown, according to a report by Bloomberg.
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