Latest News
CCS Partners, a newly established credit management firm specialising in structured and private asset-based transactions, has raised $4bn in commitments since its launch earlier this month, according to a report by Bloomberg.
Amazon.com Inc overtook Microsoft as the most favoured stock pick among hedge funds by the end of the second quarter, with 411 funds holding positions in the online retail giant as of 30 June, according to a report by Benzinga.
John Overdeck and David Siegel, the feuding Co-Founders and Co-Chairmen of hedge fund Two Sigma, are to step down from the day-to-management of the firm, and are handing over control to two new Co-Chief Executive Officers.
Opus Fund Services has now surpassed 1,000 digital subscriptions completed on its proprietary fund administration platform, which aims to accelerate and automate alternative investment managers’ capital raising efforts.
Aquanow, a global crypto infrastructure provider with over 300 clients, has partnered with Zodia Custody, a digital assets custodian backed by Standard Chartered, SBI Holdings, Northern Trust and National Australia Bank.
Glazer Capital, an arbitrage and event-driven strategies-focused hedge fund firm, has appointed Erik Mahland as Director of Convertibles, a new role created to drive the firm’s expansion of its convertible arbitrage investments.
Sound Point Capital Management has agreed to pay $1.8m to settle SEC charges that it failed to establish, maintain and enforce written policies and procedures for handling material nonpublic information in its trades of collateralised loan obligations.
The European Energy Exchange and the European Power Exchange will extend their future-to-spot service to the 12 Nordic power market areas from October 2024.Â
Ken Griffin is gearing up to break ground on the construction of a new $1bn-plus, 54-storey skyscraper in Miami next year, which will serve as the new headquarters for both his multi-strategy hedge fund firm Citadel and market-making business Citadel Securities.
Hilbert Group AB, through its asset management division, Hilbert Capital, has formed a strategic partnership with Xapo Bank, a prominent global financial institution, to launch a new $200m bitcoin-denominated hedge fund.
