Activist hedge fund Irenic Capital Management is seeking to attract private equity buyers for SSP Group, the London-listed operator of travel food outlets including Upper Crust, according to a report by the Financial Times.

Toronto-based hedge fund Waratah Capital Advisors is ramping up its exposure to gold equities as bullion hits record highs, viewing the rally as just beginning investing in mid-tier producers as well as early-stage developers, according to a report by Bloomberg.

Hedge funds with short positions in Kingfisher, including AKO Capital, are facing significant paper losses after the UK home improvement group, which owns B&Q, raised profit guidance for the first half of the year, according to a report by the

Performance Food Group, a US food company with a product line covering everything from condiments to fresh fish, has reached a settlement with Sachem Head Capital Management, appointing the activist hedge fund’s founder Scott Ferguson to its board, according to

Mark Spitznagel, the Founder and Chief Investment Officer of tail-risk hedge fund Universa Investments has cautioned that US equities could climb another 20% before a collapse rivalling the 1929 stock market crash, according to a report by Reuters.

Marshall Wace has taken legal action to prevent crypto data provider Lukka Inc from proceeding with a new financing round that the hedge fund says would disadvantage its investments, according to a report by Bloomberg.