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HighVista Strategies has held the final close of the HighVista Opportunistic Private Credit Fund II LP with $450 million of committed capital exceeding the fund’s original target. Fund II received strong support from existing clients including pension funds, endowments and foundations, and family offices.
Digital asset investment products saw minor outflows totalling $15.6 million last week, and a bad start to the month with outflows totalling $19 million, according to the latest Digital Asset Fund Flows Weekly Report from CoinShares.
Investor appetite for hedge funds has gained momentum as the need for absolute and relative returns continues to grow in the wake of a challenging and volatile macro-economic environment. Strong performance in this environment will be driven by active investment and risk management, diversification, and stock selection, both long and short.
Multi-strategy hedge fund ExodusPoint has added Vittorio Martino, a senior fixed income salesman at Deutsche Bank, to its team in London, according to a report by eFinancial Careers.
The Depository Trust & Clearing Corporation (DTCC), a provider of post-trade market infrastructure for the global financial services industry, has appointed Nashira Spencer as chief security officer (CSO), effective 7 November, 2022.
In this role, Spencer will be responsible for managing DTCC’s enterprise-wide global information security, physical security, employee safety, and crisis/incident management functions, ensuring a comprehensive and holistic approach to risk management and resilience across the organisation. Spencer will report to Tim Cuddihy, DTCC’s Group Chief Risk Officer.
Spencer brings 20 years of leadership and expertise in security management to DTCC, including serving the last six years as
Elliott Management, the biggest shareholder in Swedish Match, is set to make around $150 million after deciding to back Philip Morris International’s $15.7 billion offer for the smokeless tobacco specialist, according to a report by the Financial Times.
Alberto Gallo, the CIO of London-based hedge fund Andromeda Capital Management, is expecting a further fall in the value of sterling despite the Bank of England raising interest rates by 75 basis points – its highest increase in over three decades – to 3%, according to a report by Financial News.
Twenty20 Capital, one of Europe’s largest specialist investment firms focused on the human capital services sector, is gearing up for further investment in MP Alpha Capital’s post-pandemic hedge fund after exceeding expectations in its first year of trading.
Holland Park Capital has launched a new digital hedge fund, Holland Park Digital Assets, which began trading last week with proprietary capital and intends to raise $250 million over time from high net worth investors.
Tellimer Group, an information, data & technology firm, has added two major research providers – BancTrust & Co and Crystal Shore Dashboards – to its global research and data platform, Tellimer Insights.Â
