Latest News
Braidwell delivered strong performance in 2025, with its flagship hedge fund posting a 28% gross return as the firm increased its focus on artificial intelligence applications across the healthcare sector, according to a report by Bloomberg.
Balyasny Asset Management has parted company with senior commodities specialist Damien Courvalin, who joined the firm in 2023 to head up a commodities intelligence group, according to a report by eFinancial Careers.
DE Shaw & Co stood out as one of the few multi-strategy firms to post gains last week, as market turbulence, driven by the escalating conflict in Iran, hit many of the world’s largest hedge funds hard, according to a report by Bloomberg.
Activist hedge fund Starboard Value has built a significant position in CarMax and nominated two directors to the company’s board as it pushes for operational and strategic changes, according to a report by Reuters.
Millennium Management has hired veteran equity investor Daniel Mazur as a senior portfolio manager, marking the latest move in the ongoing competition for investment talent among the largest multi-strategy hedge funds, according to a report by Business Insider.
Linedata, a solutions for hedge funds, asset managers, professionals, has launched Linedata Mosaic, a new workflow-unification platform designed to modernise front-office operations for traders and portfolio managers.
Female representation at senior partnership level across UK hedge funds, private equity firms and other financial services partnerships has shown little progress, according to a report by Reuters citing new research from law firm Fox & Partners.
Digital asset investment products saw inflows totalling $619m last week, with strong early-week demand offset by late-week outflows as oil prices rose despite weak payroll data, according to data from Coin Shares.
Two senior energy traders, Toby Sheppard and Max Iakovlev have left Balyasny Asset Management LP’s London office, according to a report by Bloomberg citing unnamed sources. Both were part of the firm’s power and gas trading team.
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