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S64, a provider of private markets access solutions for private wealth, has appointed Rakesh Pabari as head of investment advisory and fund selection. The appointment follows a series of strategic hires earlier this year including Venkata Kota as head of client solutions and Richard Marland as head of operations and fund governance.
Belstar Management Company, a global credit investment firm, has launched a new flagship credit fund, Belstar Credit Opportunities Fund, to invest across liquid and private credit opportunities, including both corporate and structured credit assets, globally.
Arrow Global Group, a vertically-integrated European fund manager in credit and real estate, has appointed Charlotte Gilbert as the Group’s managing director for client and product solutions.
Man Group shares rose sharply in trading towards the top of the pan-European STOXX 600Â on Friday after the UK’s largest listed hedge fund manager unveiled details a new share buyback programme worth up to $125 million, according to a report by Reuters.
Rokos Capital Management, the hedge fund run by billionaire investor Chris Rokos, is looking to raise up to $3 billion in fresh capital on the back of record gains for its global macro fund, according to a report by Bloomberg.
Jana Partners has ramped up the pressure on Freshpet to consider a sale of the business by recruiting industry expert Kurt Schmidt to help with its campaign and possibly serve as a director candidate for the pet food company, according to a report by Reuters.
The report cites unnamed sources as revealing that Jana Partners, which reported owning a 9.9% stake in Freshpet in September, has added Schmidt to a group of advisers that already includes a former Kraft Foods chief financial officer and a former chief executive officer at Jarden Corp.
Schmidt, who currently serves as a director at
Oil hedge funds have enjoyed mixed fortunes this year as geopolitical decisions, sparked by Russia’s invasion of Ukraine, have impacted prices making trading difficult and markets subject to heightened volatility, according to a report by Reuters.
While process spiked briefly, hitting a 14-year high of almost $140 a barrel in March, Brent and US oil futures have now given up all of this years gains leaving many funds way off their annual highs.
The report cites Doug King, who runs the $390 million Merchant Commodity Fund as saying that his fund avoided steep losses by trading other commodities not attached
Cramer Rosenthal McGlynn, a US based hedge fund firm focused on long/short, global equity, and value investing, has partnered with Linedata, a provider of asset management and credit technology data and services.Â
Clearstream has gone live with Proxymity’s digital proxy voting service, Vote Connect, across nine European markets. This digital proxy voting service connects issuers, intermediaries, and investors ensuring that investor communications are delivered in real-time.
Proxymity Vote Connect is the flagship digital proxy service powered by Proxymity’s investor communications platform. The service includes “issuer golden source” meeting announcements published directly from issuers to investors. Many European markets benefit from the full end-to-end digital connectivity provided by the solution, enabling greater transparency, speed, and accuracy to the ecosystem.
With Vote Connect, shareholders’ votes are sent digitally to issuers or their
Third Point, the hedge fund firm run by billionaire investor Daniel Loeb, is to push for changes in the boardroom at Bath & Body Works, after building a stake of just over 6% in the retailer, according to a report by Reuters.
