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 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, 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.
The private equity and hedge fund lending boom is running into lower interest rates and tighter rules
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
Taula’s launch is the biggest since ExodusPoint Capital Management — led by Michael Gelband, another Millennium alumnus — debuted in 2018 with $8 billion.
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.
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
The reporting requirements for short-sale transactions by big investors won’t help the agency uncover manipulative investing practices or potential blow-ups
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
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”
The agency wants to be made aware of “trigger” events that might indicate financial stress within 72 hours, but it has neither the tools nor the staff for rapid market intervention
Galois co-founder Kevin Zhou wrote to investors in recent days that while the fund had been able to pull some money from the exchange, it still had ”roughly half of our capital stuck on FTX,” the paper said, quoting a letter it had seen.
All six of Tiger Global’s biggest stock holdings at year-end, including JD.com Inc. and Microsoft Corp., have declined this year and most fell by double digits.
Although Dalio had revealed in May last year that he has invested in Bitcoin on personal account, Bridgewater had so far refrained from backing the virtual asset.
For the longest time, startup IPOs in India have been a mirage. Companies have spoken about them as a distant goal but no real desire to go public was seen.
The trouble started when Goldman Sachs and Morgan Stanley went about dumping multibillion-dollar positions in US and Chinese stocks
Credit Suisse didn't identify the significant hedge fund or the other banks affected, or give other details of what happened. News reports identified the hedge fund as New York-based Archegos Capital Management.
As markets have rallied since then, CIO Nikhil Kamath has increased his hedging and says he may not outperform from here on.
Moon Capital Management has asked for a seat on the company’s board citing concerns over group debt, corporate governance and strategy
This is subject to certain conditions, including that Category-III alternative investment funds (AIFs) or hedge funds should not invest more than 10 percent of the investible funds in one underlying commodity.
Avendus Absolute Return -- the new equity long/short (hedge fund) AIF venture of Avendus Capital -- is awaiting capital market regulator Sebi's approval and is targeting to raise Rs 500 crore.
Tax pass-through for hedge funds or Category III alternate investment funds (AIFs) being considered; government examining recommendations of Narayana Murthy panel on AIFs
Mutual funds are a solid investment vehicle but like all good things in life, they come at a cost.