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.
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 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.
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.
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 […]
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 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.
Hedge funds advanced in April as equities declined, led by macro strategies, which extended their first quarter gains through the month, and the industry’s largest funds, with the HFRI Macro Asset Weighted Index advancing 2.6%.
Hedge funds turned bullish on consumer stocks during the week ending 3 May as the latest economic data, including a softening in the US labour market, and comments by Federal Reserve Chair Jerome Powell combined to revive bets on interest cuts, according to a report by Bloomberg.
The Asset Management Association of China (AMAC) has published tighter rules for the country’s hedge fund sector, including an increase in the minimum asset threshold as well as new restrictions on the use of derivatives and leverage, according to report by Bloomberg.
Das Bundesfinanzministerium hat in der vergangenen Woche eine interne Liste mit über 20 Vorschlägen zum Abbau von „Subventionen” in Höhe von neun Milliarden Euro vorgelegt, über die mehrere Medien berichtet haben. Mit den Sparvorschlägen soll ein Teil der prognostizierten Lücke im nächsten Bundeshaushalt in Höhe von 25 Milliarden Euro geschlossen werden. Zwei der aufgeführten Ideen […]
New York-based activist hedge fund TOMS Capital Investment Management has taken an undisclosed “significant” stake in Kellanova, a US multinational food manufacturing company formerly known as Kellogg Company with a market valuation of $21bn, according to a report by Reuters.
190 Single Family Offices hat die J.P. Morgan Private Bank für ihren Global Family Office Report 2024 befragt. Die Unternehmen geben Auskunft über ihre Asset-Allokationen, Kosten und wie Anlageentscheidungen im Family Office getroffen werden.
New York-based activist hedge fund TOMS Capital Investment Management has taken an undisclosed “significant” stake in Kellanova, a US multinational food manufacturing company formerly known as Kellogg Company with a market valuation of $21bn, according to a report by Reuters.
ActusRay Partners, a Hong Kong-based hedge fund firm backed by the city’s investment major Sun Hung Kai & Co, has more than doubled its assets to over $700m since the start of 2023, despite a challenging environment that has seen many of its peers struggle, according to a report by Reuters.
