TriMas Corp has agreed to sell its aerospace division to an affiliate of investment firm Tinicum for $1.45bn in cash, as the US packaging manufacturer responds to activist pressure from hedge fund Barington Capital to streamline operations, according to a
Steve Cohen’s Point72 Asset Management has tripled its position in Lionsgate Studios Corp, lifting its stake to 5.1% as the hedge fund deepens its exposure to the independent film and television producer behind The Hunger Games franchise, according to a
Taula Capital Management, the London-based hedge fund founded by former Millennium trader Diego Megia, has swung to a profit of £21m for the 10 months to March 2025 – a sharp turnaround from a £2.3m loss a year earlier, according
Former TCI partner Edgar Allen’s flagship High Ground Investment Management fund, which invests in global equities, rose 2.5% in October, bringing its year-to-date returns to 30%, according to a report by Financial News London citing unnamed people familiar with the
Capula Investment Management’s former US compliance officer, Igor Abramov, has filed a lawsuit claiming he was wrongfully terminated after raising concerns over the firm’s expense practices and trading activity, according to a report by Bloomberg.
Bridgewater Associates has cautioned investors that markets may be underestimating structural risks underpinning the recent AI-driven surge in US equities, with growth expectations now approaching levels last seen during the dot-com bubble, according to a report by Reuters.
October proved largely positive for major hedge funds, including Millennium Management, Citadel, and Balasny Asset Management, despite brief market volatility tied to US-China trade developments, according to a report by Business Insider.
A group of hedge funds, including Citadel, Athos Capital, and Maven Investment Partners, have challenged the price of SBI Holdings’ 2023 buyout of Shinsei Bank, arguing that the JPY2,800-per-share offer significantly undervalued the lender, according to a report by Bloomberg.
Steve Cohen’s multi-strat hedge fund firm Point72 Asset Management is restructuring its equity platform and launching a new stock-picking business, Valist Asset Management, as firm assets climb to $42bn, according to a report by Bloomberg.
The global alternatives sector is being challenged like never before – by technology, investor behaviours and a complex fundraising environment. A growing number of US managers are adopting an innovative approach to structuring to meet future opportunities, writes Philip Pirecki,
