HEDGE FUNDS
Hedge fund firms are considering ESG launches but obstacles include mismatches between quick-moving hedge fund trades and slow ESG progress.
More than a year after Gabe Plotkin's Melvin Capital Management was grievously injured in a short squeeze, the $7.8 billion hedge fund is shutting down.
Hedge fund industry net asset inflows totaled $19.8 billion in the first quarter while AUM slipped 0.1%, according to an HFR report.
Nearly half of hedge fund hires for ESG roles globally were women, a Kronor Group recruitment study showed.
New hedge funds totaled 614 in 2021, the highest since 2017, while liquidations totaled 527, the least since 2004.
An investment firm with co-founders who fall under sanctions on Russia bet big on hedge funds and private equity in recent years.
Edward G. "EG" Fisher was promoted to sole CIO at Mariner Investment Group as the firm's founder steps back from his co-CIO role.
J. Morgan Rutman quit Sculptor Capital Management's board this week, decrying governance failures in CEO Jimmy Levin's compensation.
Hedge fund managers are optimistic about their prospects in 2022 with unsettled global markets creating plenty of investment opportunities.
AMG and Systematica Investments' CEO have acquired the remaining minority equity interest in Systematica from BlueCrest Capital Management.
