News

News round-up: ValueAct takes stake in Smiths Group

Activist manager adds to Rolls Royce position; Baupost Group looses 1.4% in Q2; and more…


Goldman Sachs AM deploys $250m FoHF mandate

Capital allocated to 25 managers since April

Stanislaus County, California

California pension lands direct lending investment

$1.8bn Stancera approves $15m Raven fund allocation



Singapore manager launches $225m Japan-focused fund

New fund to exploit corporate governance rules in country


Balyasny hires quant portfolio manager

Giancarlo Cobino joins from Luxembourg-based Kutta Capital


China HF manager VL AM launches HK fund

VL China Fund to launch on 10 August and invest at least 70% in Hong Kong equities


Omni Partners bolsters investor relations team

Rajesh Shanmuganathan to focus on Omni Event Fund


Ex-Cheyne partner’s Melqart appoints operations manager

Warren Ladd was previously Hall Commodities head of ops


News round-up: Citadel has China account suspended

Incoming BoE policymaker to cut Brevan Howard ties; Activist fund builds Rolls-Royce stake; and more …


Black River to shut four funds and eyes job cuts

Firm to return $1bn to investors with jobs and offices also under threat


South Ferry Capital Management appoints CCO

Sigma spinout takes on multi-family office pro


Serengeti partner leaves to start her own fund

Vivian Lau understood to be preparing to launch vehicle


One in four managers fear non-traditional competition

Study finds 25% of managers see entrance of tech or non-financial players as “highly likely”




News round-up: AQR trading head leaves as SEC probes old firm

Fortress to shrink macro business; Paulson donates $8.5m to academy schools and more…


Prestige opens second Malta office

Naxxar space follows AIFMD licence from regulator


FCA hires wholesale investment supervision head

Megan Butler joins on secondment from the PRA


Hedge fund leverage falls -1.3% over last week

Consumer cyclical exposure boosted while other sectors cut, reports JP Morgan


Cowen Group to acquire Conifer prime business

Cowen makes second acquisition in a month with Conifer deal