Latest News
Activist hedge fund Jana Partners has disclosed a 5.1% stake in Alkami Technology, signalling confidence that the Plano-based banking software provider’s shares are undervalued, according to a report by Reuters.
Trian Fund Management, the activist hedge fund firm led by Nelson Peltz, is planning to modernise Janus Henderson Group by leveraging artificial intelligence to streamline middle- and back-office operations, according to a report by Bloomberg.
Rokos Capital Management founder Chris Rokos has committed £190m to the University of Cambridge to fund the creation of a new school of government, marking the largest single donation ever made to a UK university, according to a report by the Financial Times.
Hudson Bay Capital Management has hired Adrian Lee, a former Asia equity capital markets specialist at Balyasny Asset Management, as part of its continued build-out in the region, according to a report by eFinancial Careers.
Irenic Capital Management has taken an activist position in Snap Inc, urging the social media company to implement a series of strategic, operational and governance changes aimed at improving performance and shareholder value, according to a report by Bloomberg.
Paul Singer, founder of Elliott Management, has pushed back on claims of an escalating talent war in the hedge fund industry, arguing that current dynamics are being overstated, according to Business Insider.
Sona Asset Management has made two senior appointments to bolster its engagement with Japanese investors as part of the firm’s ongoing expansion in Asia, which includes an expected new office in Tokyo later this year.
Balyasny Asset Management’s Asia-Pacific operations are set for leadership changes with Chief Operating Officer Eddie Lo departing the $33bn hedge fund after less than two years in the role, according to a report by Bloomberg citing unnamed sources familiar with the matter.
Goldman Sachs has informed hedge fund clients that a planned product designed to facilitate short positions in the leveraged loan market is not yet ready for rollout, despite growing investor interest, according to a report by Bloomberg.
Special Reports
FeatureD
- Insight