Credit-focused hedge fund Ridge Capital has strengthened its client-facing capabilities with the appointment of Pierre Giannini as Business Development and Investor Relations Europe, according to a report by HedgeNordic.
A group of Thames Water’s senior creditors, including hedge fund Elliott Management and PE firms Apollo Global Management and Silver Point Capital, have submitted a revised rescue plan to UK regulator Ofwat as part of efforts to avert the collapse
Private banks in Asia are increasing client allocations to hedge funds, as market volatility and geopolitical uncertainty drive demand for alternative strategies that offer downside protection and uncorrelated returns, according to a report by CityWire.
The European Energy Exchange (EEX) has introduced the CBAM Reference Price, a new weekly index designed to provide greater transparency around carbon pricing ahead of the EU’s Carbon Border Adjustment Mechanism (CBAM) coming into full effect in 2026.
Bobby Previti, a former welder who rose to become a Managing Director at Bank of America, is set to join a hedge fund following his departure from the US bank’s London trading desk, according to a report by eFinancial Careers
Newly established Charlotte, North Carolina-headquartered hedge fund Black Pill Capital has launched with a new strategy centred on investing in companies looking to adopt bitcoin as a corporate treasury asset.
Elliott Management has disclosed a $4bn stake in PepsiCo, marking one of the activist hedge fund’s largest positions to date, as it pushes for a shake-up at the global drinks and snacks group to reverse a sharp share price decline,
Leading multi-strategy hedge funds, including Citadel and ExodusPoint delivered positive performance in August, buoyed by steady gains in global equity markets, though results varied across firms, according to a report by Business Insider.
Nagaraj Pangal, Nomura’s former Co-Global Head of FX and Emerging Markets, has resurfaced at multi-strategy hedge fund Verition, where he will run an emerging markets macro strategy as a Portfolio Manager in Singapore, according to a report by eFinancial Careers.
Magnetar, the credit-focused hedge fund that rose to prominence during the 2008 financial crisis, has posted one of the industry’s strongest returns this year after a bold wager on AI infrastructure firm CoreWeave delivered outsized gains, according to a report
