Hedge Fund

Hedge funds slash Asia bets by most in four years, says Goldman Sachs

The Wall Street bank saw the largest decline in hedge fund positions in the region on Monday in four years, it said in the note, without specifying the type of assets.

Hedge funds shorting Tesla just lost more than $5 billion

Hedge funds that had short positions against Tesla between election day and Friday’s close took an on-paper hit of at least $5.2 billion, according to Bloomberg calculations based on data compiled by S3 Partners.

Millennium in early talks to sell an equity stake to BlackRock

Millennium, one of the world’s largest hedge funds, has never sold a portion of its business to a third party. The firm has backed smaller hedge funds.

Wall Street’s hottest business is about to cool

The private equity and hedge fund lending boom is running into lower interest rates and tighter rules 

Bobby Jain’s complex hedge fund debut spawns fans and doubters

His vision — laid out in the hotel’s seafood restaurant — was ambitious, even unprecedented. He would hatch a giant, fully formed hedge fund that would trade a half-dozen strategies and employ hundreds of people globally from day one

Ex-Millennium Trader Megia Debuts Hedge Fund With $5 Billion

Taula’s launch is the biggest since ExodusPoint Capital Management — led by Michael Gelband, another Millennium alumnus — debuted in 2018 with $8 billion.

Byju's ahead of US hearing says it is beneficial owner of $533 mn fund parked in US

According to reports, the Florida hedge fund has been asked to reveal where the money is located or face possible sanctions from a federal judge on Monday.

Is a hedge fund more than its founder?

The alternative asset management industry has long grappled with a succession and longevity problem. Reinventing or selling the business at least beats fast-tracking it to a historical entry in Wikipedia

SEC’s new hedge fund rules lack an accountant’s precision

The reporting requirements for short-sale transactions by big investors won’t help the agency uncover manipulative investing practices or potential blow-ups

Are hedge fund pioneers facing the end of a golden era?

The multi-manager model has generated years of exceptional returns, even after fees. But rising interest rates and an expensive battle for talent are taking their toll

Dubai welcomes hedge fund digital nomads with low taxes

Roughly 50 hedge funds jointly managing more than $1 trillion worth of assets are said to be looking to obtain a license in Dubai, which eagerly promotes its “zero personal income tax regime”