News

CQS reveals profit dip from 2015 fund losses

Michael Hintze’s London hedge fund sees 23% fall in earnings


News round-up: Och-Ziff said to cut management fees

HF inroads hurt reinsurers; UBS’ O’Connor faces unfair dismissal claim; and more…

Context sees macro mutual pass $100m

Asset manager seeking to add three hedge fund sub-advised offerings to liquid alts platform in next 12-18 months



EM specialist Gramercy hires trading desk chief

Chris Tackney joins $5.7bn credit manager in Connecticut


Two Sigma makes first push into Ucits with Schroders

The $200m market-neutral diversified fund starts trading this week


Ex-Citigroup director to launch commodities hedge fund

Pravin Chandrasekaran aims to raise $250m for AI launch next year


Prop trader Maven opens asset management firm with hedge fund launch

MVN Asset Management to debut market neutral event-driven strategy in September


HF hits back at SEC fraud charges with lawsuit

RD Legal Capital accuses regulator of ‘unfair and unconstitutional’ proceedings in terror litigation case


News round-up: Paulson & Co. MD readies hedge fund

Sihan Shu splits from John Paulson; Ex-SAC Capital manager launches Honeycomb AM; and more…


Aussie admin MainstreamBPO to buy Fundadministration

Deal will see MainstreamBPO take on $5bn in hedge fund AuA


Global macro funds boosted in August as currency bets pay off

Hedge funds up 0.7% in two week period with credit, event driven and CTAs up


Ledbury Capital shutting Master Fund, exploring new vehicles

London l/s equity firm looking at managed account and longer-lock up opportunities


Cerberus raises over $1bn for third US loan fund

US mid-market focused Leveraged Loan Opportunities Fund III launched in February




State Street IFS rehires BNP Apac hedge fund head

Aisling Keane was previously with the independent admin for over 10 years


News round-up: Elliott doubles down on Hong Kong bank

Hedge funds snap up banks while dumping Apple; Steve Cohen builds 5.4% share in Square; and more…


San Fran global macro manager re-launches after four years

Joel Smolen re-launches Axion fund that closed with $100m in 2012


CoinBase risk head launches digital currency hedge fund

Olaf Carlson-Wee is opening Polychain Capital on 1 September


Forward redemptions increase to 3.9% in August

SS&C data shows requests up over one and 12 months