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Intel
Fundraising for Bobby Jain’s much anticipated hedge fund launch later this year has reached $3bn, roughly half of the revised target for the new fund, which is expected to begin trading in July, according to a report by Bloomberg.
Intel
Capula Investment Management’s $3.5bn Capula Tactical Macro fund, which is run by Partner and Senior Portfolio Manager Nat Dean, is to be spun out of the firm into a separate business during the second half of the year, according to a report by Bloomberg.
Intel
Izzy Englander, the founder of multi-strategy hedge fund major Millennium Management, has pipped Ken Griffin, boss of rival firm Citadel, to top spot in a list of the hedge fund industry’s top earners for 2023, according to a report by Bloomberg.
Intel
Segantii Capital Management, the Hong Kong-based multi-strategy hedge fund firm founded by Simon Sadler in 2007, has seen its assets shrink by 18% over the past year on the back of investment losses and client redemptions, according to a report by Bloomberg.
Intel
Cyber security at both the Securities and Exchange Commission and the Commodity Futures Trading Commission is an increasing concern for hedge fund managers following the adoption of new rules forcing them to disclose more about their investment strategies.
Event – London
The Hedgeweek European Leadership Summit is set to return to London on Thursday, 29 February, as operational leaders from some of the world’s leading hedge fund firms discuss their current challenges and key priorities for 2024.Â
Intel
Third Point, the $10.6bn hedge fund founded and run by Daniel Loeb, plans to invest in private credit, having bet on positive conditions for both equity and credit markets for 2024, according to a report by Reuters citing an investor note.Â
Intel
On the heels of topping the Americas large-cap list for most shorted stock of 2023, Tesla was the most crowded security in January, with a score of 99, according to the latest Shortside Crowdedness Report from Hazeltree.
Intel
London-based asset management firm Silchester International Investors has built a 5% stake worth around £120m ($152m) in ITV, the UK’s largest commercial television broadcaster, according to a report by Morningstar citing regulatory filings.
Intel
BNP Paribas’s capital Iintroduction team has seen increased demand for hurdle rates, which dictate the point at which performance fees come into play, when speaking with hedge fund investors as part of the performance versus risk free rate discussion, according to the company’s 2024 Alternative Investment Survey.
