The Odey European Inc. hedge fund made 14% in May, boosting returns for this year to 110%, while recouping years of losses.
Niamh Taylor joined Shonfeld Strategic Advisors as its first head of EMEA, part of the hedge fund firm's expansion plans.
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.
Hedge fund firm Welton Investment Partners sold minority stake to private equity manager Nile Capital Group, which invests in managers.
Citadel Securities has sold a minority stake to venture capital firms Sequoia Capital and Paradigm for $1.15 billion amid rumors of an IPO.
Credit hedge fund manager Ellington Management Group hired two senior executives to expand its insurance solutions business.
Aggregate hedge fund performance dropped to 10.3% in the year ended Dec. 31 compared with 11.8% the prior year.
Hedge fund launches slump for quarter ended Sept. 30, but exceed liquidations for the fifth consecutive quarter, according to HFR.
Anchorage Capital Group is closing its $7.4 billion flagship evergreen credit hedge fund Anchorage Capital Partners.
The Department of Justice has launched an expansive criminal investigation into short selling by hedge funds and research firms.
Eisler Capital has struck a deal to acquire Glen Point Capital in a rare consolidation in the industry.
Balyasny Asset Management said it can no longer hire from hedge fund Citadel's global fixed-income business.
Global hedge fund hiring continued to favor white men across functional roles in the year ended June 30, according to a new report.
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.