Latest News
Diego Megia, a former senior money manager at Millennium Management, is set to expand his hedge fund, Taula Capital Management, by raising an additional $1bn following the firm’s $5bn launch earlier this year, one of the largest in hedge fund history, according to a report by Bloomberg.
RTW Investments, a $6.5bn hedge fund focused on investment in the life sciences sector, is under investigation by the Securities and Exchange Commission (SEC) for its role in a contentious proxy fight involving medical technology company Masimo Corp, according to a report by Bloomberg.
Tidan Capital, the Stockholm-based hedge fund firm founded by three former Brummer and Partners execs, has appointed Dennis Karlsson as a Senior Portfolio Manager within its volatility and options arbitrage team.
Ravi M Singh has been appointed CEO of multi-strategy hedge fund firm Paloma Partners Management, effective 22 November. Singh has stepped into the top leadership role after joining the firm in February 2024 as Chief Strategy Officer, according to a report by Pensions & Investments Online.
Vikas Sharma, a seasoned professional with over two decades at Citi, has returned to the finance industry after a two-year hiatus joining multi-strategy hedge fund major Millennium, according to a report by eFinancial Careers, citing Sharma’s LinkedIn profile.
Exegy, a specialist in ultra-low latency trading technology solutions, has expanded its market data and execution coverage for nxAccess, the firm’s FPGA-based tick-to-trade solution, which now supports all Canadian equity exchanges.
Millennium Management, one of the world’s largest multi-strategy hedge funds, is channelling approximately $1.8bn into two investment teams as part of a strategy to deploy capital both within and outside its organisation, according to a report by Bloomberg.
Northern Trust has partnered with global collateral management technology company CloudMargin to launch an enhanced active collateral solution designed to help institutional investors manage their collateral more efficiently.
Trading Technologies International (TT), a global capital markets technology platform provider, is soon to offer access to Cboe equity index options, providing clients with access to the rapidly growing equity options trading space.
Pershing Square Capital Management, the hedge fund founded by Bill Ackman, has built a significant $2.6bn stake in Toronto-based Brookfield, making it the second-largest position in the firm’s investment, according to a report by the Globe & Mail.
