Pierre Andurand’s flagship hedge fund has extended its steep drawdown in 2025, with the Andurand Commodities Discretionary Enhanced fund falling approximately 12.7% in the first three weeks of June, bringing YTD losses to around 60%, according to a report by
Claire’s Stores Inc, the tween-focused jewellery and accessories chain backed by hedge funds Elliott Management and Monarch Alternative Capital, is exploring a potential sale amid rising financial strain and mounting tariff-related import costs, according to a report by Bloomberg.
A group of hedge funds, including Palladian Partners, is seeking US court recognition of English court rulings that hold Argentina liable for €1.5bn in GDP-linked warrants, as Argentina eyes renewed access to global capital markets, according to a report by
Citadel has hired William Dealtry, a key contributor to ArcticDB, the low-latency time series database developed in-house by Man Group, marking the second high-profile engineering defection from the London hedge fund’s prized technology unit, according to eFinancial Careers.
BP Plc is weighing former Centrica CEO Sam Laidlaw and ex-BHP chair Ken MacKenzie as potential successors to outgoing chairman Helge Lund, amid an ongoing activist campaign from hedge fund Elliott Management, according to a report by Sky News.
Scenius Capital, winner of the Fund of Funds of the Year: Annual Excellence Award at the Hedgeweek Global Digital Assets Awards 2025, provides investors with curated access to best-in-class crypto and blockchain technology opportunities via portfolio funds, co-investment, and direct
Watson Wheatley, named Technology Provider of the Year: Client Services at the Hedgeweek European Awards 2025, is a leading provider of reconciliation and portfolio analytics software to hedge funds, asset managers, commodities traders and private equity firms. Tom Wheatley, COO
In recent months, financial markets have faced significant turbulence. Relatively risky assets, particularly equities, have experienced double-digit declines. The S&P 500 Index, a proxy for US equities, is down more than 15% from its February 2025 highs, and many companies
James Elford, the former Chief Technology Officer of crypto-focused, crowdsourced hedge fund Numerai, has joined proprietary trading firm DRW as a Senior Research Engineer in London, according to a report by eFinancial Careers.
Andon Hong Kong Ltd, the investment arm of Chinese medical device maker Andon Health Co, is expanding its global alternatives footprint with the opening of a New York office, marking a significant move into hedge fund and private market investing,
