Sculptor saw withdrawals of $92 million from its hedge funds in the fourth quarter, capping 2020 with its sixth straight year of outflows.
Retail investors' frenzied attack on short sellers has pushed some hedge funds to rethink their strategies.
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.
Hong Kong conglomerate Sun Hung Kai spun out hedge fund firm East Point Asset Management with $150 million in seed capital.
Hedge funds produced their best return in a decade — 11.6% — in the year ended Dec. 31 judged by the HFRI Fund Weighted Composite index.
Launches of new hedge funds in the third quarter exceeded liquidations for the first time in over two years.
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.
Crispin Odey stepped down as co-CEO of Odey Asset Management and will focus on running assets at the firm.
Louis Basger will join Brevan Howard as a portfolio manager, while the hedge fund he founded will be rebranded and run internally.
Launches of new hedge funds in the second quarter rose from a near-record low the previous quarter, after investors embraced more risk.
Hedge funds that have racked up the largest bets against the dollar in almost three years may be running headlong into a short squeeze.
Hedge fund managers are launching new funds to capture alpha from environmental long and short investments.
Marble Ridge Capital is shutting down after an investigation found its managing partner interfered with Neiman Marcus' bankruptcy auction.
Point72 Asset Management will close to new investments next month, after raising $10 billion since it started managing outside capital.
Jos Trusted joined Odey Asset Management as head of institutional business, a newly created role.
Bridgewater Associates said it plans to job cuts because it won't need the same number of support staff as more employees work from home.
Point72 Asset Management was named in two separate discrimination claims, including the former global head of macro at the firm.
Hedge fund assets grew 7.4% based on positive performance in the second quarter.
Isaac Chang was named head of execution trading for global fixed income at Citadel.
Hedge funds lost a record 7.9% in the first half of the year on an asset-weighted basis, according to Hedge Fund Research.
Billionaire John Paulson is turning his hedge fund firm into a family office after setting the stage for the conversion last year.
Launches of new hedge funds in the first quarter fell amid the coronavirus outbreak to the lowest level since the global financial crisis.
Hedge fund firm CQS slashed at least 50 jobs in an overhaul, as founder Michael Hintze looks to focus on core credit trading strategies.