Latest News
Activist hedge fund Starboard Value has taken a sizeable stake in software observability group Dynatrace and is pressing management to unlock greater shareholder value through higher margins and more aggressive capital returns, according to a report by Reuters.
Systematic commodities trader Steffen Hippler, who joined Qube Research & Technologies in January 2026 after leaving the now-defunct Eisler Capital, has left the firm just weeks later according to a report by eFiancial Careers citing a the UK Financial Conduct Authority register.
Bill Ackman’s Pershing Square has raised $5bn through its combined initial public offering, advancing a long-term plan to reshape the hedge fund manager into a permanent capital investment platform inspired by Berkshire Hathaway, according to a report by Bloomberg.
Ken Griffin, founder of hedge fund Citadel and market-making firm Citadel Securities has cautioned that wealthy investors may not fully understand the risks embedded in private credit, particularly the limitations on accessing capital during periods of market stress, according to a report by the Financial Times.
Spirit Airlines’ efforts to secure a $500m US rescue financing package have hit a roadblock, with key creditors – including hedge fund giant Citadel – resisting proposed terms, according to a report by Bloomberg News.
Hedge funds dominated demand for Contemporary Amperex Technology Co Ltd’s $5bn share placement, with short covering playing a key role as traders moved to unwind bearish bets on the battery maker’s Hong Kong-listed stock, according to a report by Bloomberg.
Louisville-based hedge fund Aristides Capital has lost a key investor following a political dispute, highlighting growing tensions in parts of the asset management industry where managers’ public views are increasingly coming under scrutiny, according to a report b Institutional Investor.
Dynatrace Inc shares climbed more than 6% in after-hours trading following reports that activist investor Starboard Value LP has taken a position in the software company and is encouraging it to better position itself around the growth of artificial intelligence, according to a report by the Wall Street Journal.
Millennium Management has hired the former chief technology officer of a major high-frequency trading firm to work on ultra-low-latency trading systems, underscoring continued investment by hedge funds in advanced execution technology, according to a report by eFinancial Careers.
Hedge funds have been using the recent rally in US equities to reduce risk and scale back positioning, according to a report by Bloomberg citing a client not from traders on the prime brokerage desk at Goldman Sachs Group Inc.
