Liquid Alternatives News

Point72 Asset Management, the multi-strategy hedge fund led by billionaire investor Steve Cohen, is set to launch its first venture capital fund open to external clients, with a sharp focus on the rapidly evolving defence technology sector, according to a report by Bloomberg

Ray Dalio, the billionaire founder of Bridgewater Associates, has officially exited the hedge fund he launched nearly five decades ago, selling his remaining ownership stake back to the firm, according to a report by the Wall Street Journal citing a letter sent to investors.

Carrhae Capital, a London-based emerging markets hedge fund, is preparing to launch a $700m long-only strategy that will exclude China entirely – responding to growing demand from US institutional investors seeking to remove Chinese exposure from their portfolios, according to a report by Bloomberg.

Steve Barclay, a former senior portfolio manager at Millennium Management, has launched a new energy-focused hedge fund, Saber Capital, with seed backing from institutional allocator New Holland Capital, according to a report by Bloomberg citing unnamed sources familiar with the matter.

Man Group, the world’s largest publicly listed hedge fund firm, posted record assets under management (AUM) of $193.3bn at the end of June, buoyed by its strongest-ever quarterly inflows, even as some of its core alternative strategies underperformed, according to a report by Bloomberg.

HFR: Hedgefonds-Vermögen steigt in Q2 auf Rekordhöhe von 4,74 Billionen US-Dollar.

Vinci Compass, the Nasdaq-listed alternative investment firm, is in advanced discussions to acquire Verde Asset Management, one of Latin America’s most storied hedge funds, in a strategic deal that would mark a major consolidation in Brazil’s alternative investment sector, according to a report by Reuters.

Hedge funds sharply reduced exposure to technology stocks last week, marking the sector’s largest weekly sell-off in a year, according to a report by Reuters citing a note from Goldman Sachs The rotation comes even as the S&P 500 hit all-time highs, driven by tech-heavy gains.

Hedge funds scaled back their bullish bets on US crude to the lowest levels since early April as mounting uncertainty over trade negotiations and a looming 1 August tariff deadline raised concerns over future energy demand, according to a report by Bloomberg.

Dubai’s status as a global hub for alternative asset managers continues to strengthen, with the Dubai International Financial Centre (DIFC) reporting record-breaking growth in company registrations during the first half of 2025 — driven in large part by a sharp rise in hedge funds and wealth management firms, according to a report by Bloomberg.

Hedge funds delivered strong performance in the first half of 2025, returning 11% year-to-date after a sharp Q2 rebound that saw average returns reach 8.3%, according to new data from asset servicing solutions specialist Citco.

Bridgewater Associates founder Ray Dalio has issued one of his starkest warnings yet about the US economy, likening the country’s $37tn debt burden to an impending “economic heart attack” and urging a return to fiscal discipline akin to the 1990s, according to a report by Fortune.

Multi-strategy major Millennium Management has allocated $4.2bn to two independent hedge fund managers, reinforcing its strategy of seeding top-tier external talent amid surging assets under management, according to a report by Bloomberg.

Investor redemptions from hedge funds hit a 12-month low in July, according to the latest data from SS&C Technologies, with the firm’s SS&C GlobeOp Forward Redemption Indicator falling to 1.56% for July, down from 2.27% in the previous month.

Walleye Capital has joined a growing cohort of elite multi-strategy hedge funds shutting their doors to new investor capital, as the $8bn firm seeks to maintain performance and absorb recent growth, according to a report by Bloomberg.