Alphadyne Asset Management is facing losses of about $1.5 billion after its hedge funds plunged following bad bets on rising interest rates.
Billionaire Alan Howard is returning money to investors from the secretive hedge fund that he personally runs.
Brevan Howard is making money for its billionaire co-founder Alan Howard and other partners through more than just hedge fund fees.
Credit Suisse and Nomura said they may face “significant” losses, following exposure to wrong-way bets by Archegos Capital Management.
Sculptor saw withdrawals of $92 million from its hedge funds in the fourth quarter, capping 2020 with its sixth straight year of outflows.
Ken Griffin and Steve Cohen boosted Gabe Plotkin's Melvin Capital, injecting a total of $2.75 billion into the firm after it lost about 30%.
Global asset managers are struggling to find a foothold in $578 billion hedge fund industry, despite long-awaited policy changes.
A deal between Michael Hintze's CQS and its equity hedge fund spinoff has collapsed as the billionaire renews focus on his investing roots.
Billionaire hedge fund manager Michael Hintze has stepped up succession planning after a turbulent year at his investment firm, CQS.