The report cites unnamed people familiar with the situation as confirming that the New York-based hedge fund has held discussions with Air Liquide in recent weeks after establishing its stake. The size of Elliott’s investment and the specific changes
Citadel has accused rival hedge fund Marshall Wace of obstructing a court-ordered document search as the firms continue to clash over the recruitment of former Citadel portfolio manager Daniel Shatzm, according to a report by Bloomberg.
Capula Investment Management is expanding further into systematic trading with the launch of a new commodities strategy, the Capula Alternative Markets Alpha Fund, a quantitative Commodity Trading Advisor (CTA) strategy, according to a report by Bloomberg.
Brazil’s hedge fund industry is undergoing a sharp reversal, with prominent managers closing or restructuring independent firms and major banks increasingly stepping in to absorb investment teams and strategies, according to a report by Bloomberg.
Arini Capital Management’s head of US investments Gavin Yates has left the credit-focused hedge fund, marking another senior departure as the firm adjusts its investment team following a difficult period for performance, according to a report by Bloomberg.
Two Sigma’s billionaire co-founders are facing fresh arbitration proceedings as a long-running dispute over governance and management at the $80bn quantitative hedge fund continues to escalate, according to a report by Bloomberg.
Millennium Management is taking legal action against a Dymon Asia Capital portfolio manager in Hong Kong after she accepted a job offer from the multi-strategy hedge fund and subsequently decided to remain with her current employer, according to a report
Marshall Wace is preparing to establish a Tokyo office next year, adding the $90bn UK asset manager to a growing list of global hedge funds expanding their footprint in Japan, according to a report by Bloomberg.
Marex has expanded its prime brokerage capabilities with the launch of a proprietary liquidity aggregation platform covering foreign exchange and precious metals, targeting hedge funds, asset managers and other professional investors.
US equity futures edged lower and Treasury yields were broadly steady on Friday as investors held back from making major moves ahead of Federal Reserve Chair Kevin Warsh’s closely watched speech at the Jackson Hole symposium, according to a report
