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Opensee, which provides complete data access and real-time analytics to hedge funds and other financial institutions, has added to its senior leadership team with appointment of Anne-Laure Delaplace to the new role of chief operating officer.
Investment opportunities created by stress or distress have grown dramatically in the emerging markets. Daniel Chapman, Founder & CEO at Argentem Creek Partners (pictured) details how a disciplined, value-oriented investment approach together with deep experience and extensive networks are critical to generating alpha in these markets.
Allegations of sexual misconduct levelled at Odey Asset Management founder Crispin Odey have prompted prime brokers, including Goldman Sachs, JP Morgan and Morgan Stanley, to review their relationship with the hedge fund, according to a report by Reuters.
Tiger Global Management is among a number of technology-focused stock hedge funds that racked up further gains in May on the back of a surge in the value of AI-related businesses, with the fund up 6.5% over the month, according to a report by Bloomberg.
The report cites unnamed sources familiar with the matter as revealing that Chris Coleman’s firm is now up 15.5% so far this year as it looks to recover from last year’s losses. Alex Sacerdote’s Whale Rock Capital Management meanwhile, returned 14.4% in its public equity portfolio in May, bringing its year-to-date return to 23%.
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Point72, the multi-strategy hedge fund firm run by Steve Cohen, has appointed Ramin Safai as its new chief information security officer (CISO). Safai, joins from Jefferies where he served as CISO and CTO, according to a report by eFinancial careers.
MEV Capital Management is launching a new digital assets hedge fund, MEV Capital Stablecoin High-Yield Fund SP, a Cayman Islands vehicle that “deploys and monitors trend-agnostic strategies based on digital assets, seeking to capture yields and timed opportunities”.
The fund, which encompasses on-chain operations to the public ethereum blockchain, interacts with decentralised finance (DeFi) protocols as well as with digital asset derivative and hedging solution providers to achieve market neutrality. The fund has an open-ended structure and is registered with the Cayman Islands Monetary Authority (CIMA), and audited by a CIMA approved auditor.
Subscriptions for the USDC-denominated fund opened this
Capital markets service provider Options Technology has partnered with trading platform firm Mercurius Solutions, an order and execution management system provider, following a successful integration with ACTIV application programming interface.
A new report from Seward & Kissel focused on seed investments in hedge funds, private equity funds, and other investment vehicles, shows that transactions are returning to pre-pandemic levels, even in the face of challenging market conditions.
The ninth annual Seward & Kissel Seed Transactions Deal Points Study, an analysis of 2022 seed investments reveals “surprising resilience” in seed activity, which approached 2019 levels last year despite headwinds in the broader economy including rising interest rates and the underwater status of many investment portfolios.
The report attributes the uptick in seeding activity to one primary source: the increased seeding of
Hedgeweek has announced the winners of the Hedgeweek Emerging Managers Awards 2023, which recognise excellence among emerging hedge fund managers and their service providers.
By Alexander Ellerby (pictured), UCITS Research Analyst, Kepler Absolute Hedge – It’s a common instinct in investing: applying assumptions about the US market to other regions is something investors across asset classes and strategies have a habit of doing. The latest victim? Asian merger arbitrage strategies.
