Latest News
Silver Point Capital is preparing to challenge a lawsuit filed by the US Securities and Exchange Commission (SEC), which accuses the hedge fund of failing to implement proper policies to prevent a consultant from sharing confidential information about Puerto Rico bonds, according to a report by BNN Bloomberg.
Billionaire investor Daniel Loeb’s hedge fund, Third Point, plans to acquire fund manager AS Birch Grove in a strategic move to enhance its credit investment capabilities, according to a report by Reuters.
US short seller Gotham City Research has requested a New York judge dismiss a lawsuit accusing it of conspiring to lower the stock price of Spanish multinational pharmaceutical and chemical manufacturer Grifols, according to a report by BNN Bloomberg.
Former Citadel engineer Francesco Laurita has left Coinbase to take on a new role as a Principal Engineer at Checkr, a startup specialising in background-checking technology, according to a report by eFinancialCareers.
Activist investor Barington Capital Management has nominated its founder, James Mitarotonda, along with two other executives, as Director candidates at coffin manufacturer Matthews International, according to a report by Reuters.
Richard Northridge, a former portfolio manager at Citadel, has secured $1bn from Marshall Wace to trade for its flagship hedge fund, according to a report by BNN Bloomberg citing an investor letter.Â
Carlo Agostinelli, a Managing Director at Hong Kong-based hedge fund Ghisallo Capital Management, has left the firm after just over a year, according to a report by Bloomberg citing unnamed sources.
Technology firm Ocado was the most shorted company on the UK stock market as of 16 December, 2024, according to a recent report from GraniteShares, a global issuer of Exchange Traded Products (ETPs) with over $9bn AUM.
Activist investor Palliser Capital, along with more than 100 other shareholders, has called for a resolution to review Rio Tinto’s dual-listed structure, aiming to unify the miner’s corporate framework, according to a report by Reuters.
With the political and economic shifts under US President-elect Donald Trump expected to dominate the global financial landscape in 2025 and beyond, macro hedge fund strategies have emerged as the preferred choice for many investors, according to a report by Reuters.
