Latest News
Verde Asset Management, the Brazilian hedge fund managed by Luis Stuhlberger, made a strategic bet on bitcoin prior to the 5 November US election, capitalising on the cryptocurrency’s rally sparked by President-elect Donald Trump’s return to office, according to a report by Bloomberg.
Point72 Asset Management has initiated a search for a new Japan Head with incumbent Toby Bartlett set to step down from the role early next year, according to a report by Bloomberg citing unnamed sources familiar with the matter.
Nissan Motor shares climbed as much as 21% on Tuesday before closing up 13% – the highest jump in 15 years – following news that activist investor Suntera (Cayman) had taken a 2.5% stake in the company, according to a report by BNN Bloomberg.
Ilex Capital Partners and Shiprock Capital Management, two rising hedge funds, have joined the list of high-performing firms who are limiting outside investments after successful fundraising and performance streaks, amid a wider industry trend of cash outflows, according to a report by Bloomberg.
Activist hedge fund firm Elliott Investment Management has urged Honeywell International’s board to simplify its conglomerate structure, arguing the company could unlock significant value by separating its Aerospace and Automation divisions, according to a report by Alternatives Watch.
Brigade Capital, a hedge fund with a strong focus on credit investment, has secured $300m from private investment giant Blackstone to grow its private credit strategy and bolster its collateralised loan obligations platform, according to a report by Reuters.
Hedge funds are boosting spending on risk management as concerns about navigating regulatory challenges increase, according to new global research by Beacon Platform, a cross-asset portfolio analytics and risk management platform for hedge funds.
Bankrupt cryptocurrency exchange FTX has filed a lawsuit against Anthony Scaramucci and his hedge fund, SkyBridge Capital, as part of its broader strategy to recoup funds for creditors following its collapse, according to a report by Fortune.
Elliott Investment Management, one of the world’s largest activist investment firms, has named Samantha Algaze as its first-ever female Partner and promoted two other Partners, John Pike and Pat Frayne, to its management committee, according to a report by Bloomberg.
Ken Griffin’s multi-strategy hedge fund major Citadel has made a high-profile hire with the appointment of Nabeel Bhanji, a partner from Elliott Investment Management, in what is one of the biggest hedge fund moves of the year, according to a report by Bloomberg.
