DeepSeek is seeking additional outside capital to finance its ambitions in artificial intelligence, putting greater pressure on the hedge fund founded by Liang Wenfeng to support a business that is becoming increasingly expensive to operate, according to a report by
Agave Capital Management, the London-based macro hedge fund launched by former Citadel portfolio manager and partner Gilberto Marcheggiano, appears to have made a strong start after launching with approximately $1bn in assets last year, according to a report by eFinancial
Citadel Securities generated a record $7.3bn in trading revenue during the second quarter as heightened market volatility created a lucrative environment for the world’s largest electronic market makers, according to a report by Bloomberg.
AQR Capital Management is challenging the valuation behind the $8.4bn take-private of Clearwater Analytics Holdings, adding to a growing push by hedge funds to use Delaware’s appraisal process to seek higher payouts from completed M&A deals, according to a report
As market volatility widens the appeal of tail-risk hedging beyond pension funds and endowments, Berouz Fatemi explains how systematic strategies are bringing down the cost of protection.
Two Sigma Investments co-founder John Overdeck has defended a proposed $723m settlement for his wife Laura as a fair division of wealth accumulated during their 24-year marriage, while disputing her claim to a substantially larger share of his stake in
Nelson Peltz’s Trian Fund Management has no immediate plans to pursue a take-private transaction for Wendy’s, despite having explored a potential bid for the US burger chain, according to a report by Reuters citing unnamed people familiar with the matter.
St Louis-based wealth management firm Stifel is looking to strengthen its alternatives research capabilities with the appointment of a gatekeeper focused on hedge funds and liquid alternative strategies, according top a report by CityWire.
Saba Capital has stepped up its campaign against Gore Street Energy Storage Fund, calling on shareholders to support proposals to wind up the £244m investment trust and demanding greater transparency around the recent sale of two Irish battery storage
Millennium Management has recruited a former Goldman Sachs energy trading executive as a senior commodities portfolio manager in Jersey, adding to the hedge fund’s presence on the Channel Island as it continues to build out its energy trading capabilities, according
