Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience. May 24, 2024

Longacre Square Guides Browning West's Victory

Longacre Square Partners handles Browning West as the hedge fund scores a knock out victory in its proxy fight with Gildan Activewear, which is based in Montreal.Gildan CEO Vince Tyra and its entire board of directors resigned on May 23, ahead of its.
Read by 68% of LPs May 24, 2024

Ray Dalio Sees U.s. On 'brink Of Great Disruption' As Election Looms - Nikkei Asia

NEW YORK -- As tension builds in global financial markets over persistent inflation and the threat of fragmentation, Nikkei asked Bridgewater Associates founder Ray Dalio for the perspective of an investor making bets on these economic changes. Dalio is known for applying lessons from history to his investment decisions, predicting the 2008 global financial crisis based on past crises and profiting heavily while other hedge funds struggled.
Read by 75% of LPs May 24, 2024

A Crypto Hedge Fund Hiring From Citadel Securities Wants To Double In Size

Kbit, a crypto hedge fund and high-frequency market maker, may be selling itself a bit short when it describes itself as a "growing" team. After hiring a few senior alums from established TradFi firms, the fund looks like it wants to more than double in size.Click here to sign up to our technology newsletter 🔧Kbit says it has "~12 employees"... and 17 open job listings. It's hiring quant, algorithmic trading, DevOps and trade operations engineers across the US, London, Hong Kong and Singapore.
Read by 37% of LPs May 24, 2024

Simon Sadler: The Eccentric English Hedge Fund Manager And Complicated Boss

Simon Sadler's employees at hedge fund Segantii Capital Management may be breathing a sigh of relief. Yes, they are losing their jobs as Segantii returns money to investors, but they will no longer be working with Sadler whom Bloomberg today describes as "hard-charging, hot-tempered and foul-mouthed," who sometimes berated investment and support staff when they didn't behave to his liking.Get Morning Coffee ☕ in your inbox. Sign up here.Sadler, who is facing insider trading charges, which he plans to defend, has not commented for this article and the complaints may come from a cluster of disaffected employees.
Read by 40% of LPs May 23, 2024

Goldman Sachs & Morgan Stanley Juniors Among Recent Hires At Closing Hong Kong Hedge Fund

If you work for Segantii Capital Management, the equities-focused Hong Kong hedge fund founded in 2007 by former Dresdner Kleinwort Benson trader Simon Sadler, you should at least be receiving a lot of headhunter calls.Get Morning Coffee ☕ in your inbox. Sign up here.Following today's news that Segantii is shutting down and returning money to investors, headhunters tell us they are "all over" its employees. Some of the best have already been poached by rivals. "People have been onto them for months," says one headhunter in the space. Segantii is based in Hong Kong.
Read by 43% of LPs May 23, 2024

Bill Ackman Slams Uber For 'ripping Off Nyc Cab Driver'

Billionaire hedge fund manager Bill Ackman said he confronted the CEO of Uber after his cab driver accused the ride-sharing app of not allowing him to keep tips. Ackman, the founder and CEO of Pershing Square Capital Management, wrote on his X social media account on Wednesday that he ordered a yellow cab in Manhattan...
Read by 46% of LPs May 23, 2024

Hedge Fund Brevan Howard Is Parting With An Ex-jpmorgan Md, But Still Hiring

Alfreido Saitta's odyssey at Brevan Howard appears to be at an end, but the hedge fund is still adding investment talent to other teams.Get Morning Coffee ☕ in your inbox. Sign up here.Bloomberg reported yesterday that Brevan has shuttered Saitta's fund after it lost 4.9% in the first quarter following what appears to have been failed bets on falling rates. Saitta is leaving, even though Louis Basger, who ran another Brevan fund and lost 7.8%, is staying. Prior to joining Brevan Howard in 2011, Saitta was a managing director in rates trading at JPMorgan for five years.
Read by 77% of LPs May 22, 2024

Billionaire Stan Druckenmiller Sold Nvidia And Bought This Undervalued Etf Instead

Stan Druckenmiller made a lot of money investing in Nvidia (NASDAQ: NVDA), but he's finally taken some of his profits off the table. The former hedge fund manager and George Soros lieutenant first invested in Nvidia for his portfolio at his Duquesne Family Office in late 2022. He added a significant amount to his position following the launch of OpenAI's ChatGPT on Nov. 30 of that year. He continued building up his position almost every quarter in 2023, with the stock and call options representing over 16% of his portfolio as of the end of the year.
Read by 78% of LPs May 22, 2024

Cryptocurrency Data Overview For Hedge Fund’s Cios | Portfolio For The Future

By Fernando Walter Lolo, CAIA. Fernando Lolo specializes in alternative investment, cryptocurrencies, volatility, international finance, and global-macro trading and investment strategies.
Read by 61% of LPs May 21, 2024

Hedge Fund Eisler Capital Replaced Its Ex-goldman Sachs Infrastructure Md

Infrastructure is more important than ever for hedge funds in 2024, and the infrastructure at Eisler Capital has faced some criticism from departing employees. The man behind Eisler's infrastructure appears to have left, however, and the fund has brought in a managing director from a rival hedge fund to become its global head of infrastructure.Click here to sign up to our technology newsletter 🔧Sources at Eisler say that Angelo Haritsis has retired. This is confirmed by Companies House, which says he retired as a director of Eisler in January.
Read by 37% of LPs