HFR reported much lower hedge fund industry net inflows and positive market gains in the third quarter partially due to lower performance.
Hedge fund launches and liquidations were moderate in the second quarter, HFR data showed.
Peter Mobberley joined hedge fund Hildene Capital Management in the new position of head of business development.
Renaissance Technologies executives will pay $6.8 billion in an IRS settlement over past options use in the firm's flagship Medallion Fund.
Alphadyne Asset Management is facing losses of about $1.5 billion after its hedge funds plunged following bad bets on rising interest rates.
Hedge fund allocations rose in the first half of 2021, as investors sought returns and diversification to offset low fixed-income returns.
HFR reported a 4% return for its flagship index in the quarter ended June 30, trailing the return for the prior quarter.
The hedge fund launch rate in the first quarter exceeded the number of liquidations for the third consecutive quarter, with 189 new funds.
Henry Howell joined digital assets hedge fund manager Nickel Digital Asset Management as head of business development.
Billionaire Alan Howard is returning money to investors from the secretive hedge fund that he personally runs.
Troubled Infinity Q Capital Management will liquidate its hedge fund in addition to its mutual fund because of mispriced valuations.
Swedish hedge fund Informed Portfolio Management will cease all investment activities following performance issues and significant outflows.
Hedge fund managers are optimistic about 2021 given market opportunities and nascent investor interest in hedge funds as a bond substitute.
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.
Scott Soussa, a senior managing director and co-head of Blackstone Group's general partnership stakes business, is leaving the firm.
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.
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.