Hyperion Decimus, a digital asset management firm and a sponsor of a multi-strategy crypto hedge fund, has launched the HD CoinDesk Acheilus Fund, a strategy that will invest in digital assets leveraging institutional grade fiduciary management.
Liquid Alternatives News
Peconic extends winning run with 18% YTD gain
Peconic Partners, the $1.8bn long-short hedge fund firm run by Bill Harnisch, has continued a four-year winning run so far in 2024, with the fund up 18% year-to-date, extending a run of outperformance that includes a 26% gain in 2022 when the S&P 500 lost nearly 20%, according to a report by Bloomberg.
Millennium, Schonfeld and Point72 among bitcoin ETF buyers
As well as proving popular with retail investors, bitcoin ETFs have caught the attention of hedge fund majors including Millennium Management, Schonfeld Strategic Advisors and Point72 Asset Management, according to a report by Bloomberg.
Private Equity Wire European Credit Awards 2024 winners announced
The winners of the Private Equity Wire European Credit Awards 2024, which recognise fund performance and service provider excellence across credit funds, were announced at an exclusive ceremony and networking event today (16 May), at etc.venues, County Hall, London.
Renaissance acquired GameStop and AMC shares ahead of meme stock rally
Quant hedge fund Renaissance Technologies was positioned to benefit from the meme stock mania sweeping the US this week, having added a new long position in GameStop and significantly increased its position in AMC Entertainment during Q1, according to a report by Reuters.
Hedge funds position for stronger euro
The prospect of softer US inflation bringing the outlook for monetary policy on both sides of the Atlantic closer in sync has pushed demand for options that pay out if the euro strengthens against the dollar over the next week to the highest seen since February, according to a report by Bloomberg.
Hedgefonds legten im April weiter zu, obwohl die Aktienkurse sanken
„Hedgefonds verzeichneten im April beeindruckende Zuwächse“, zitiert Kenneth J. Heinz, Präsident von HFR, aus der jüngsten Erhebung seines Hauses. Angeführt wurden die Zuwächse von Makro-Strategien sowie den größten und etabliertesten Fonds der Branche, derweil die Finanzmärkte verstärkt in den „Risk-off“-Modus wechselten.
Digital assets fund see first inflows in five weeks
Digital asset investment products saw inflows totalling $130m last week, the first positive flows seen in five weeks, according to the latest digital assets fund flows weekly report from CoinShares. Regionally, the US saw the majority of inflows totalling $135m, with incumbent Grayscale seeing the lowest weekly outflows since January.
GameStop short sellers take $1bn hit
The sudden re-emergence of “Roaring Kitty” – aka Keith Gill – on social media triggered a huge surge in the price of GameStop shares that left short sellers facing losses approaching $1bn, according to a report by CNBC citing figures from data provider S3 Partners.
Bed Bath & Beyond launches $300m Hudson Bay lawsuit
Bankrupt retailer Bed Bath & Beyond is suing Hudson Bay Capital Management – the hedge fund at the centre of a filed last-ditch rescue plan for the business – for more than $300m in lost trading profits as it looks to generate cash for its creditors, according to a report by Fortune.
Brookfield to invest $1.5bn in private credit manager Castlelake
Brookfield Asset Management, a global alternative asset manager with over $900bn of assets under management, has agreed to invest $1.5bn to acquire a 51% stake in asset-based private credit specialist Castlelake’s fee-related earnings.
The Importance of Relationship Banks and How They can Benefit Alternative Investment Funds
In this interview, Johannes Geberth, Head of Institutional Investors at Raiffeisen Bank International AG, discusses the key role of relationship banks in supporting alternative investment funds throughout their lifecycle.
M&A-Aktivitäten: Profitieren Liquid-Alternatives-Strategien von mehr M&A im Jahr 2024?
In den vergangenen Jahren habe es erschwerte Finanzierungsbedingungen gegeben, was sich sowohl auf die Verfügbarkeit als auch auf die Kosten von Krediten für M&A-Aktivitäten ausgewirkt habe. Die ersten Auswirkungen hätten sich Anfang 2022 in Form weniger fremdfinanzierter Übernahmen gezeigt, die geringer gewesen seien als in der ersten Zeit nach Corona. Dies habe sich auch auf […]
JPMorgan Chase & Co to disengage with Segantii
New York-based bank JPMorgan Chase & Co will limit its interactions with Segantii Capital Management, a $4.8bn Asian hedge fund led by Simon Sadler, which is currently facing insider trading charges in Hong Kong, according to a report by Bloomberg.
Hedge funds see $9.9bn in investor withdrawals in March
Hedge funds saw an estimated $9.9bn in investor withdrawals during March, a big increase on the $780m seen in February as the industry’s run of net outflows stretched to 22 consecutive months, according to a new report from Nasdaq eVestment.