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Activist hedge fund Covalis Capital has won the backing of Norway’s sovereign wealth fund (SWF) for Marco Mazzucchelli, its candidate for chairman of Italian utility Enel, as opposition to the proposed appointment of Paoloa Scaroni grows, according to a report by Reuters.
Moritz Seibert and Moritz Heiden, the duo behind Twoquants.com, a website launched in 2018 to write about quantitative trading strategies, have launched Takahē Capital, a hedge fund that provides investors with access to their quantitative trading strategies, according to a report by AlphaWeek.
Oasis Management Company, the Hong Kong-based activist hedge fund seeking a leadership overhaul at Wagamama owner The Restaurant Group, has secured the backing of an influential shareholder advisory group in its protest against chief executive Andy Hornby’s pay deal.
Michael Schoengruber, the founder of the fintech company 3Folio, is developing a software as a service solution specially designed for crypto hedge fund managers that allows them to integrate all administrative aspects of their fund’s investment strategy into one place – from monitoring to reporting.
Shane Connor, the managing partner of Ohio-based hedge fund Huffman Prairie Holdings, is set to be named as a director of Park Aerospace at the company’s forthcoming annual shareholders meeting in July, according to a report by the Business Journal.
Crestbridge has appointed Paul Phelan as head of risk and compliance – Ireland, as the business continues to enhance its platform in Dublin. Phelan has over 24 years’ pf financial services experience specifically related to the administration and management of regulated multi-domiciled investment fund products.
Phelan, who is an approved person under fitness and probity requirements by the Central Bank of Ireland, joins Crestbridge Link Group where he had headed up the compliance function in Ireland.
Phelan holds a variety of certifications from the Institute of Bankers in Ireland, is a Licentiate of Compliance Institute, and holds fellowship status with