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Citadel Securities, the market making business founded by Citadel hedge fund boss Ken Griffin, has bolstered its new credit business with the addition of two new sales appointments – Matt Amalfitano and Allyson Ehrlickman.
Activist investor Nelson Peltz, a co-founder of hedge fund Trian Partners, has failed to present “a single strategic idea” to Walt Disney throughout two years of campaigning for a seat on the board of the entertainment giant, according to a report by the Financial Times.
Two of the main funds at Caxton Associates, one of the oldest and best-known global macro hedge fund managers, lost money last year as 2023 proved to be a turbulent year for bond markets, according to a report by the Financial Times.
Gains from a series of winning bets on catastrophe bonds helped hedge fund Fermat Capital Management, one of the world’s largest investors in insurance-linked securities, record its best annual performance since the firm launched over 20 years ago, according to a report by Bloomberg.
Bobby Jain’s new multi-manager hedge fund firm Jain Global may come up short in its bid to be crowned the industry’s largest ever launch, with the fund struggling to reach its original $8bn to $10bn fundraising target, according to a report by the Financial Times.
Options Technology, a provider of high-performance managed trading infrastructure and cloud-enabled managed services to hedge funds and other financial markets participants, has formed a strategic partnership with the Canadian Securities Exchange.
Hildene Capital Management, a $14.7bn credit-focused asset manager, has appointed Jason Schechter as Head of Capital Markets.Â
Sandbar Asset Management, the investment firm founded by former Millennium Management trader Michael Cowley, has shut down its hedge fund after struggling to grow assets, according to a report by Bloomberg.
Sumant Wahi, a former Partner at global long-short equity investment manager Gladstone Management, has joined Man Group as Portfolio Manager for a new tech-focused stock-picking strategy, according to a report by Business Insider.
Activist hedge fund firm JANA Partners, which in the past has engaged in campaigns to force change at companies including Whole Foods and Frontier Communications, recorded a 31% gain for 2023, according to a report by Reuters.
