Latest News
Citadel Securities, the market-making firm founded by Ken Griffin, has seen two of its senior female staff depart for hedge fund roles, despite the firm enjoying a stellar 2024 with an 81% revenue surge, according to a report by eFinancial Careers.
The Hedge Fund Association has announced the results of its 2024 Global Board of Directors election, with the re-election of Bo Megginson and the election of Alex Contreras and Leanne Golding as new board members.
Ace Capital Gestao de Recursos Ltda, a Brazilian hedge fund firm led by former Banco Santander SA traders, has enhanced its computer-driven investment strategies with the acquisition of quant investment firm Saires Capital Gestão de Recursos Ltda.
Goldman Sachs’ private equity investment firm, Petershill Partners, has sold an 18% stake in hedge fund LMR Partners for up to $258m in a move aimed at addressing investor concerns about the accuracy of the firm’s asset valuations, according to a report by The Times.
Walleye Capital’s $4.8bn multi-strategy hedge fund delivered impressive results in August, outperforming some of the industry’s biggest names, including Citadel, Millennium, and ExodusPoint, according to a report by Business Insider.
The Securities and Exchange Commission has settled charges against a former Florida-based cryptocurrency hedge fund Galois Capital Management for failing to comply with requirements related to the safeguarding of client assets.
Naveed Malik, who spent nearly four years as the global head of systematic data at multi-strategy hedge fund major Millennium in New York, has joined the Abu Dhabi Investment Authority (ADIA) as the Global Head of Quantitative Research and Development, according to a report by eFinancial Careers.
3forge, a specialist in High Impact code solutions for business-critical applications for hedge funds, Tier-1 global banks, asset managers, exchanges, and sovereign wealth funds has closed on an investment by Morgan Stanley.
Digital asset investment products saw outflows totalling $305m last week, with widespread negative sentiment evident across various providers and regions, according to the latest Digital Assets Funds Flows weekly Report from CoinShares.
BlueCrest Capital Management, the hedge-fund-turned family office founded by Michael Platt, has launched a new currency trading platform named BlueX, marking its entry into the rapidly expanding foreign exchange market, according to a report by Bloomberg.
