News

Paulson & Co eyes $500m raise for sector fund

Firm targets $250m for both founders’ and A share classes, marketing document reveals


News round-up: Chilton Investment Co said to shutter commodities fund

PM Leigh Goehring retired at end of 2015; Ex-Legg Mason PM to use seismic prediction technology for HF and more …

Managed futures and macro defy January HF declines

Industry returns down -2.2% for month, with l/s equity the worst performer, says eVestment



Quintillion CEO and founder Joan Kehoe to depart

Joan Kehoe set to leave US Bancorp-owned administrator after nearly decade in charge


EC formally approves 12-month delay to Mifid II

Implementation will take place on 3 January 2018


Perella Weinberg sees ops and trading pro depart

Perella Weinberg sees ops and trading pro depart


Abydos founder and ex-CQS partner launch energy fund

Westbrook to bet on resurgence of oil prices; firm eyes raising $200m within 12 months


US and EU reach landmark clearing deal

Agreement will see EU and US both change rules


Massachusetts pension seeking investment consultant

$145m Plymouth scheme allocates 10% of portfolio to hedge funds


News round-up: Apex Capital to restructure as CIO exits for new fund

Gil Simon leaving to launch a tech HF; Ackman releases video in latest Herbalife attack and more …


FCA launches enforcement investigations into two AIFMs

Managers probed over mis-selling and compliance systems


UK hedge funds oppose Brexit

Majority of managers back staying in EU, exclusive HFM industry survey reveals


Obama calls for CFTC and SEC budgets to double in five years

Administration also calls for new levy on firms with more than $50bn in assets




Aima reveals operational risk management guide

‘Sound Practices’ covers range of operational risk for the first time


State Street plans enhanced custody expansion

Custody and admin giant looking to provide clients access to equity swaps


News round-up: Lone Pine, Corvex drop $250m as Williams and Chesapeake slump

Pipeline operator and natural gas producer lose -35% and -33% respectively in one day; HFs shorting London luxury homes and more …


EM fixed income specialist Emso preps Ucits fund

Irish vehicle to launch with combined internal money and day one allocations up to $20m


Systematica raises $265m for new multi-strat fund

BlueCrest $9.5bn quant spinout launched Synergy fund on 1 January