News

Macro funds struggle with performance persistence

Returns have waffled at some of the strategy’s largest funds in the past two years.


Hedge funds reap rewards on merger success

AT&T-Time Warner ruling delivers winning results for fund managers.

Pelorus Jack closes following performance issues

The firm, led by Tim Garry, incorrectly wagered that growing technology companies would lose ground.



Monarch finds ample opportunity in distressed debt

The distressed debt manager deployed $960 million during the first quarter.


Financials hedge funds expect bump from reform bill

EJF Capital hired lobbyists to advocate for regulatory reform in the months leading up to the bill’s passage.


A pension benchmarking service studied hedge fund performance. Then AIMA revolted.

CEM Benchmarking has accused the industry body of misinterpreting its research, despite earlier correspondence.


Medalist Partners to market second private credit fund

The firm is looking to raise around $300 million for its new asset-based lending fund.


The Market Move: As cryptocurrency markets take a dive, so do hedge funds

Passport went to cash in a liquid cryptocurrency fund before the March sell-off, avoiding losses.


New Fund Survey: Spreading the wealth

More new hedge funds were able to raise capital than any year since 2004. Total fundraising, however, has been slow to recover.


Silver Point performance rises on troubled retailer Steinhoff

Steinhoff was the fund’s top contributor in April as it looks to restructure its hefty debt load.


Headcount – Two Sigma looks forward

Staff number grew robustly in 2017.


Gerson’s Falcon Edge disclosed UAE state oil investment to clients

The hedge fund founder, reportedly under scrutiny from Robert Mueller, is a close friend of Jared Kushner.


AQR’s Asness criticizes post-crisis stock-picking performance

In a blog post, Asness compared equity hedge funds to their active mutual fund counterparts.




Redwood Capital joins Appaloosa in Miami

New Jersey’s close-knit industry, anchored by Appaloosa, has experienced recent upheaval.


Key Square, Soros allowed to invest directly in Chinese bonds

American hedge funds have begun gaining access to China’s domestic debt markets through a government program.


Trend adds to chorus of macro bond bears

The first quarter was one of the best in the firm’s history, thanks largely to short interest rates trades.


ExodusPoint set to be largest hedge fund launch, raising at least $7 billion

The firm has turned away significant sums due to size constraints, sources say.


Vernier Capital bets on technology companies for innovation and ‘moat’

Hedge fund weighs in on epic Buffet and Musk debate.