HEDGE FUNDS
Shifting market dynamics could create new opportunities for merger arbitrage funds.
University of California Board of Regents has been investing in hedge funds for 20 years, but is moving to ‘safer' strategies, its CIO said.
Christopher Palazzolo joined Bridgewater Associates as head of Europe and global sustainable investment partnerships.
Bridgewater is capping the size of its flagship funds, investing in AI and cutting about 100 jobs in a workforce of roughly 1,300.
Bridgewater Associates named Karen Karniol-Tambour as the firm's third co-CIO.
Hedge funds are eagerly examining cryptocurrency's bankruptcy filings to buy and sell customer claims.
Ken Griffin's Citadel churned out a record $16 billion in profit for clients last year, outperforming the rest of the industry.
Global hedge funds of all sizes suffered net outflows in a volatile 2022.
HFR's fund-weighted composite index return was down 4.25% in 2022, with only its broad macro index producing a positive return.
HFR reported just 71 new hedge fund launches in the third quarter, the least since the fourth quarter of 2008.
