Activist investor Elliott Investment Management has reportedly acquired an almost 5% stake in UK distribution group Bunzl, marking the latest expansion of the hedge fund’s activism in the British market, according to a report by Bloomberg.
OpenAI has hired Tejas Sharma, formerly head of data risk engineering at Citadel in London, as a member of technical staff, as talent migration from hedge funds and quantitative trading firms into AI labs extends beyond junior hires, according to
Hedge fund Balyasny Asset Management’s latest intern cohort offers a snapshot of the firm’s highly selective recruitment strategy, with a strong emphasis on elite universities and quantitatively oriented academic backgrounds, according to a report by eFinancial careers.
Sam Bankman-Fried, the founder of collapsed crypto exchange FTXn and hedge find Alameda research, has lost his appeal seeking to overturn his fraud conviction and 25-year prison sentence, after a US federal appeals court upheld the original ruling in full,
CEO Jacques Conradie on navigating macro cycles, selective stock picking, and why liquidity constraints still limit pan-African expansion.
A senior former portfolio manager from Two Sigma Investments is preparing to launch a new Asia-focused quantitative hedge fund, with early backing from Blackstone Inc signalling continued investor appetite for established quant talent and systematic strategies, according to a report
Hedge funds are increasingly divided over whether to continue riding the AI-driven equity rally or reposition for a potential correction after a multi-year surge in technology valuations has created sharp performance divergence across the industry, according to a report by
Ken Griffin is accelerating the build-out of his Miami real estate and office campus after a public dispute over tax policy in New York reignited focus on Citadel’s long-term presence in Florida, according to a report by Bloomberg.
Hedge fund performance remained solid in May, while investor allocations continued to rise into June, according to the SS&C GlobeOp Hedge Fund Performance Index, which rose 1.77% in May 2026, and the firm’s Capital Movement Index, which increased 0.75% for
Oasis Management, Pentwater Capital Management, Alpine Global Management, Millennium Management, and Man Group, are facing the prospect of repaying over half a billion dollars after an appraisal arbitrage bet turned sharply against investors, according to a report by Bloomberg.
