Hints and tips:
Related Special Reports
...A Bank of America survey on Tuesday showed fund managers continue to revise down their growth expectations for China....
...For further reading: Are hedge fund pioneers facing the end of a golden era?...
...US billionaire Bill Ackman’s hedge fund Pershing Square rejoined the top 20 hedge funds after leaving the rankings in 2015. It was up 27 per cent in 2023, making $3.5bn....
...The tl;dr is that Citadel’s founder really doesn’t like the US Securities and Exchanges Commission’s proposals for tackling the Treasury basis trade that has caused plenty of angst in regulatory circles...
...The letter raised concerns about so-called naked short selling, where fund managers make bets on stock falls without borrowing them in advance. Naked short sales have been banned in the US since 2005....
...Google has agreed to pay C$100mn a year into a fund to support news organisations in Canada as part of a deal with the government, ending a dispute that led it to threaten to cut links to news from its services...
...We did get calls from folks saying, why don’t you own more triple-C’s? And then there would be periods of time where volatility would spike and these triple-C-only managers would blow up....
...Over the past five years in particular, multi-manager funds have emerged as the fastest growing and most profitable hedge funds on the scene....
...Meanwhile, the couple continue to enjoy the good life with their clique of celebrity friends (Victoria and David Beckham are among the inner circle who dine with them at home in London)....
...Griffin is one of the world’s richest men, with Citadel last year becoming the most successful hedge fund manager ever....
...C Shawn Booking agrees that private credit funds earn higher spreads and total yields because they’re providing speed, certainty of execution and cost of capital; privacy in terms of the borrower not needing...
...These are held mainly at SEC-registered Circle Reserve Fund (CRF) at BlackRock. As of Sept. 29, 2023, the collateralization ratio stood above 100%....
...readers are by now read up on US law firm Paul Weiss’s back-to-back raids on its higher-grossing rival Kirkland & Ellis, signalling its intent to edge in on territory closely guarded by the UK’s “magic circle...
...Companies with double B or B plus debt ratings have received solid demand, while lower-rated single B and triple C rated companies have been forced to go to private credit lenders for financing....
...Activists circle Benioff’s Salesforce For most of Marc Benioff’s rise from seller of arcane corporate software to Silicon Valley titan, he had an obvious target in his former boss, Oracle founder Larry...
...This sum had risen sharply from C$1.12mn at the end of 2021 and represented 2.4 per cent of the funds’ combined assets of $107.5bn. The sums are listed as “receivables from the manager”....
...club is about to get bigger (Wall Street Journal) Washington Commanders sale cements high finance’s status in NFL’s inner circle (Bloomberg)...
...For decades, Crispin Odey sat atop the UK’s hedge fund scene. Lauded by many in financial circles as a charismatic maverick and known for taking high-risk bets on the market, he seemed untouchable....
...That multi-strategy hedge funds are (along with macro funds) ruling the hedge fund roost is also no surprise....
...Its fixed-income and macro fund, which makes both directional and arbitrage bets, made 32.6 per cent, beating many specialist macro funds....
...In today’s newsletter: Thoma Bravo’s Qualtrics fumble VCs go to the Gulf Activists circle Japan Thoma Bravo’s failed attempt to buy Qualtrics When German software conglomerate SAP announced a plan to...
...Record revenues from the hedge fund unit comes in a year of stellar performance for Citadel’s funds....
...Multi-manager funds such as Citadel and Millennium, which run money across a wide range of strategies, and macro funds such as Brevan Howard and Rokos that bet on falling bond prices, thrived....
...On Monday it charged media and entertainment company Impact Theory LLC with conducting an unregistered offering of crypto asset securities in the form of non-fungible tokens....
...We’ll discuss how it plans to fund its recovery after record-breaking floods – worsened by climate change – submerged much of the south Asian country last year....
International Edition