Liquid Alternatives News

New York–based hedge fund Engine Capital has begun a proxy contest at UniFirst, aiming to persuade the lead family trustees — who control the US uniform supplier through super-voting shares — to consider a sale of the business, potentially to rival Cintas, according to a report by The Boston Globe. To a report by hedgeweek. […]

Bill Ackman is preparing a dual-offering structure through his firm Pershing Square Capital Management and a new closed-end investment vehicle, Pershing Square USA, according to a report by the Wall Street Journal citing sources familiar with the matter. To a report by hedgeweek. 24.11.2025

Hedge funds moved quickly to cover short positions on Friday which were undermined after a sharp rebound in US equities, according to a report by Bloomberg. 24.11.2025

Hedge funds and institutional investors are continuing their legal challenge to 3G Capital’s $9.4bn acquisition of Skechers USA Inc, after early settlement talks over the value of the footwear maker fell through, according to a report by Bloomberg. 21.11.2025

Verition Fund Management is expanding its energy trading platform in a year when many commodity specialists have struggled to generate returns hiring around 10 senior energy traders across London and Dubai over the past year, according to a report by Bloomberg. 21.11.2025

Trend-following hedge funds may trigger significant equity selling in the coming week after the S&P 500 fell below a key technical threshold, according to a report by Bloomberg citing a recent client note from Goldman Sachs. To a report by hedgeweek. 21.11.2025

London-based event-driven hedge fund Davide Leone & Partners has increased its stake in SES SA, now holding over 5% of the Luxembourg-based satellite company, as it positions for long-term upside from SES’s strategic shift into defence, according to a report by Bloomberg. 20.11.2025

Y-Intercept, a Hong Kong-based quantitative manager backed by Schonfeld Strategic Advisors, has raised more than $1.7bn for its first fund open to external investors, marking one of the largest hedge fund capital raises in Asia in recent years, according to a report by Bloomberg. 19.11.2025

Boaz Weinstein’s Saba Capital Management has been actively selling credit protection on big tech names as lenders and asset managers rush to hedge growing concerns around the sector’s debt-fuelled AI spending spree, according to a report by Reuters. 18.11.2025

Discipline has dethroned genius in the hedge fund allocation game. When Hedgeweek® asked 50 global hedge fund allocators in November what separates winning from losing funds heading into 2026, the responses clustered around a clear winner: investment discipline. One in three offered some variation of this phrase, unprompted, making it the single most common answer. […]

Starboard Value has fully exited its position in Pfizer, winding down the activist campaign it began last year to push for governance and performance improvements at the US drugmaker, according to a report by Reuters. To a report by hedgeweek. 17.11.2025