JPMorgan has appointed a senior systematic equities executive from hedge fund Millennium Management, marking a notable return to banking for a former buy-side portfolio manager, according to a report by eFinancial Careers.
John Aylward’s credit-focused hedge fund Sona Asset Management is planning to expand its London footprint, as strong asset growth and industry-wide hiring continue to drive demand for prime office space among alternative investment firms, according to a report by Bloomberg.
Cubic Corp, the transport technology and defence services group backed by Elliott Investment Management and Veritas Capital, has informed lenders that it intends to defer an upcoming interest payment as it seeks to manage near-term liquidity, according to a report
London-based prime broker GBM Securities has appointed Maria Antsupova as its new Head of Global Markets Operations, strengthening its operational leadership as the firm continues to expand its institutional prime brokerage offering, according to a report by Finance Magnates.
Blackstone’s largest hedge fund business posted a strong performance in 2025, with its Absolute Return Composite (AR) delivering a return of nearly 12%, comfortably outperforming industry benchmarks, according to a report by Bloomberg citing unnamed people familiar with the figures.
Daniel Loeb’s hedge fund Third Point is preparing to launch a new activist campaign against real estate data provider CoStar Group, marking the firm’s first major public activism push in nearly three years, according to a report by Reuters.
Ken Griffin’s multi-strategy hedge fund major Citadel is moving into industrial metals trading as record prices and heightened market volatility draw increased hedge fund interest into the sector, according to a report by Bloomberg.
BNP Paribas has appointed Peter Herrlin as Global Head of Hedge Fund Services, marking a key leadership move for the bank’s Securities Services business. Herrlin will be based in London and assumes responsibility for the Hedge Fund Services client line
Sage Capital Management has expanded its offering for institutional investors, evolving from a crypto prime broker into a full-service operating system for digital assets, including the launch of a private banking service for hedge funds and other asset managers.
Kyma Capital, the London-based hedge fund founded by former GSO Capital Partners investor Akshay Shah, delivered net returns of around 48% in 2025, driven by a series of successful distressed debt investments, according to a report by Bloomberg.
