As AI capital expenditure dominates markets, Summit TX is looking beyond the trade, using a disciplined multi-manager model, internal talent development and relative-value opportunities to capture the dispersion emerging across sectors.
In Alternative Views Hedgeweek®, goes behind closed doors with those in the know to get the latest on hedge funds. Today, we speak to Neilson Arbour, Managing Director and Co-CIO, at SummitTX Capital a $3.5bn multi-manager platform.
TOP STORY: The University of Virginia’s investment portfolio benefited from an early investment in AI-focused hedge fund Situational Awareness, helping the university’s long-term investments deliver a record 27% return in the year to the end of June, according to a
Two Sigma co-founder John Overdeck has told a New Jersey court that preserving his equal voting position with fellow founder David Siegel is a key consideration as he fights a divorce claim involving his stake in the $80bn quantitative hedge
London hedge fund Redhedge Asset Management has appointed former JPMorgan Chase global investment-grade and macro credit trading co-head Pierre Morel as a lead portfolio manager, according to a report by Bloomberg.
ExodusPoint Capital Management is planning a significant expansion of its Asian operations, with the multi-strategy hedge fund expected to increase its regional workforce by almost 80% this year following the recruitment of a team from Ovata Capital Management, according to
ExodusPoint Capital Management is backing former BlueCrest portfolio manager Ben Atlas with an initial allocation of more than $1bn as the multi-strategy hedge fund continues to expand its roster of senior trading teams, according to a report by Bloomberg.
Activist hedge fund Elliott Management has built a significant position in Deutsche Telekom and is urging the German telecoms group to abandon potential plans to combine with its US subsidiary T-Mobile US, according to a report by the Financial Times.
Digital asset investment manager CoinShares has completed its acquisition of digital assets and cryptocurrency hedge fund Bastion Asset Management, strengthening its systematic investment capabilities and expanding its offering to institutional investors.
Swiss relative-value hedge fund ADAPT Investment Managers has opened an office in Abu Dhabi, becoming the latest international hedge fund to establish a presence in the emirate as the Gulf continues to attract alternative investment firms.
