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RFA, a specialist IT provider to the alternative investment sector, has enhanced its cyber security offering for hedge and private equity funds with the addition of external surface attack management and dark web breach and exposure monitoring solutions.
External attack surface management provides visibility and risk assessment for organisations’ PKI (public key infrastructure), Cloud, DNS (domain name system), mail and web internet-facing infrastructures along the digital supply chain as well as any vendors implicated in these infrastructures.
Dark web breach and exposure monitoring meanwhile, looks for exposed employee logins and PII (personally identifiable information) against a global repository of recovered
Tiger Global Management is accelerating its transformation from a traditional stock-picking hedge find to a venture capital investment business, with startup bets now accounting for nearly 75% of the firm’s assets, according to a report by Bloomberg.
Hedge funds and other institutional investors have upped their short positions against Mesoblast Limited, a specialist in the development of regenerative medicine products operating in Australia, the United States, Singapore, the United Kingdom, and Switzerland, according to a report by MarketBeat.
As of 15 December, short interest in the company totalled 569,800 shares, an increase of 10.9% from the 30 November total of 513,700 shares.
BlackRock Inc is among the investors upping their positions having raised its holding in Mesoblast by 3.8% during Q3. BlackRock now owns 881,883 shares of the company’s stock valued at $2,245,000 after acquiring an additional
Several hedge funds including Fir Tree Capital Management, Viceroy Research, Valiant, established short positions against stablecoin tether (USDT) during 2022, with others reported to be considering following suit, according to a report by BeInCrypto.
British hedge fund trader Sanjay Shah is to be extradited from the UAE to Denmark to face money laundering and fraud charges following a ruling by the Dubai Court of Appeal, according to a report by Bloomberg.
The court overturned an earlier court decision to block his extradition after the Attorney General of Dubai, Essam Issa Al Humaidan, submitted an appeal to the Dubai Court of Cassation.
According to Danish prosecutors, Shah masterminded a $1.9 billion scam involving his firm Solo Capital Partners, wife Usha and a global network of bankers, lawyers and agents who allegedly, illegally sought refunds from
Sam Bankman-Fried is expected to plead not guilty to fraud charges relating to the collapse of digital assets exchange FTX and related cryptocurrency hedge fund Alameda Research at a court hearing on Tuesday, according to a report by Reuters.
The report cites an unnamed source as revealing that Bankman-Fried will deny charges that he cheated investors of billions of dollars by illegally using FTX customer deposits to support his Alameda Research hedge fund, buy real estate and make millions of dollars in political contributions.
Bankman-Fried, who is currently on bail having posted a $350 million bond following his extradition from
Key Square Capital Management, a macro hedge fund firm founded by ex-Soros Fund Management investment chief Scott Bessent, has posted a 30% gain this year up to 27 December, helped by a winning bet on the Japanese yen, according to a report by Bloomberg.
Hedge fund trader Pierre Andurand believes global oil demand could surge by as much as 4% at some point next year if Covid restrictions around the world are lifted fully, according to a report by Bloomberg.
The report cites Twitter posts by Andurand, whose main commodities hedge fund is up by around 50% this year, as revealing that he believes consumption could rise by three to four million barrels a day in 2023, boosted by a switch from gas to oil.
Crude has saw an increase this month following moves by China, the world’s biggest oil importer, to relax its
The SS&C GlobeOp Forward Redemption Indicator for December 2022 measured 4.35%, up from 3.39% in November.
“SS&C GlobeOp’s Forward Redemption Indicator for December 2022 was 4.35% and consistent with longer term averages as investors adjusted allocations with calendar year-end rebalancing,” said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies.
“With historic drawdowns across most asset classes, hedge funds provided one of the few bright spots for investors in 2022, an indicator that hedge fund asset retention should remain strong heading into 2023.”
The SS&C GlobeOp Forward Redemption Indicator represents the sum of forward redemption notices received from investors in
A number of once-high-flying stock hedge funds have racked up a second consecutive year of losses erasing billions of dollars of clients’ wealth in the process, according to a report by Bloomberg.
