Quant equity specialist Harindra de Silva, along with longtime colleagues Ryan Brown and David Krider, has joined AJO Vista, the boutique quant firm led by founder Ted Aronson, according to a report by Pensions & Investments Online.
Hedge fund ASL Strategic Value Fund is calling for a board shakeup at Avadel Pharmaceuticals, accusing the company of mismanaging the rollout of its narcolepsy drug Lumryz and squandering a significant commercial opportunity, according to a report by Reuters.
Hedge fund Burford Capital has secured a key enforcement victory in its $16.1bn legal battle with Argentina, after a US District Judge ordered the country to transfer a controlling 51% stake in energy giant YPF to the fund within two
Lamb Weston has reached a settlement with activist hedge fund Jana Partners, granting the investor significant influence over the frozen potato giant’s board and avoiding a potentially contentious proxy battle, according to a report by Reuters.
Hedge funds offloaded energy stocks at the fastest pace since September 2024 – and the second quickest rate in the past decade – last week, as crude oil prices dropped sharply following easing geopolitical tensions in the Middle East, according
London-based cryptocurrency hedge fund Re7 Capital is partnering with World Liberty Financial, a decentralised finance platform tied to the Trump family, as part of a move backed by up to $10m in fresh investment from Hong Kong family office VMS
Parvus Asset Management, a London-based hedge fund known for its activist investment activity, has increased its stake in French luxury group Kering to around 5%, according to a report by Reuters citing filing by France’s AMF regulator on Friday.
Hedge funds active in the insurance-linked securities (ILS) space are increasingly adopting parametric insurance, a fast-growing niche that offers quicker payouts and fewer liquidity constraints than traditional catastrophe bonds, according to a report by Bloomberg.
Hedge funds increased short positions on Brent crude last week as oil posted its steepest weekly drop in over two years, with Middle East tensions easing and OPEC+ poised to boost output again, according to a report by Bloomberg.
TrussEdge has launched a new partnership accounting feature, expanding its Safari platform to offer fully integrated investor-level tax and reporting capabilities tailored for hedge funds operating onshore partnership structures.
