Hedge Funds

With global hedge fund assets at roughly $3.45 trillion (and growing by double-digit percentages each year), money managers have a greater influence on public and private markets than ever before. DailyAlts covers every element of the hedge fund industry – from changing performance structures to manager strategies, from regulatory oversight to activist holdings, and from new fund launches to the liquidation of underperformers. This channel is your one-stop-shop for daily news and insights for the influential and topical hedge fund space.

Top Story

Hedge Funds: Four Portfolio Managers Leave Citadel

Volatility has shaken the markets. The Dow had its worst quarter in history. The U.S. economy could see GDP fall by 30% this quarter. And four portfolio managers at Citadel won’t be around to see what happens next.  Bloomberg reported that the hedge fund fired four portfolio managers last week. Chris Conner, Tio Charbaghi, Steve Bergman, and Chip Fortson are out, according to the report. The four all worked in Citadel’s Global Equities group. The timing coincided with the hiring of Justin Lubell, a Point72 alum, to take over that group.

Read more

Get Daily Updates

Subscribe to DailyAlts Today to get Alternative Investment news, insight, and commentary delivered straight to your inbox every day.

  • This field is for validation purposes and should be left unchanged.

https://dailyalts.com/wp-content/uploads/2019/12/5ee1d44b4d5ab114a6d98074cf213576083edbe25657714b722f7b_640.jpg
Pershing Square Capital Boosts Stake In Howard Hughes
December 6, 2019

Pershing Square Capital Management has increased its stake in Howard Hughes Corp., according to an S-4 filing with the SEC. Activist hedge fund manager Bill Ackman and his firm announced…

https://dailyalts.com/wp-content/uploads/2019/12/satellite-4235265_1920-inmarsat.jpg
Hedge Funds Blink; Private Equity Firms Free to Take Control of Inmarsat
December 4, 2019

A tense stand-off between activist hedge funds and private equity giants over British satellite company Inmarsat ended up a damp squib. Activists Oaktree, Kite Lake and Rubric Capital had a…

https://dailyalts.com/wp-content/uploads/2019/12/5fe4d4414e54b114a6d98074cf213576083edbe25652794b71287d_640.jpg
Hedge Fund Performance Fees Drop 11% in 2019
December 4, 2019

Hedge fund performance fees dropped 11% from the start of 2019 through October. Eurekahedge says that the average performance fee hit 13.3% in October. That figure is down from 15%…

https://dailyalts.com/wp-content/uploads/2019/12/leuchtkasten-1773916_1920-GAM-Exits.jpg
Another High-Level Exit, and Job Cuts, At Scandal-Rocked GAM Holding
December 4, 2019

No respite for GAM Holding as it weighs a 40% cut in its workforce and the departure of its Head of Investments. GAM Holding announced Monday the departure of Matthew…

https://dailyalts.com/wp-content/uploads/2019/12/101107-F-3886B-223-e1575405684712.jpg
Hedge Fund Manager, NFL Owner David Tepper Fires Ron Rivera in Carolina
December 3, 2019

Hedge fund manager David Tepper had announced plans to shakeup Appaloosa Management in January 2020. But today, he’s shaking up his NFL team, the Carolina Panthers. Tepper has fired the…

https://dailyalts.com/wp-content/uploads/2019/12/57e2d54a4353ae14ea898579ce203e7c1d22dfe054547241712f7dd3_640.jpg
Greenlight Capital’s Recent Struggles Continue in November
December 3, 2019

Greenlight Capital saw its fourth-quarter woes continue last month. According to Institutional Investor, the value hedge fund dropped 1.8% in November. That decline follows a 6% drop for the fund…

https://dailyalts.com/wp-content/uploads/2019/12/54e3d5464c52aa14ea898579ce203e7c1d22dfe05454704b7d2c7bd2_640.jpg
How About a Hedge Fund Under the Toshiba Brand?
December 2, 2019

A Toshiba hedge fund may soon emerge. The Japanese conglomerate is seeking a license to operate a hedge fund. The news comes just two years since activist hedge funds pressured…

https://dailyalts.com/wp-content/uploads/2019/12/57e4d5444257b114a6d98074cf213576083edbe25650734e7c277f_640.jpg
Short-Selling U.K. Hedge Fund Cashes In on Chaos
December 2, 2019

Marshall Wace’s LLP reported profits of £258 million. That’s a pretty nice payday for all of its 17 partners. The firm reported a turnover of £803 million at the end…

https://dailyalts.com/wp-content/uploads/2019/10/Who-is-Tom-Steyer-e1571335350231.jpg
Former Hedge Fund Manager Tom Steyer Would Like to Be President
November 30, 2019

Tom Steyer, the energy-investing billionaire turned environmentalist “anti-billionaire,” hit the debate stage for the first time this week. The 62-year-old hedge fund manager turned activist has called for Donald Trump’s…

https://dailyalts.com/wp-content/uploads/2019/11/contract-408216_1920-capco.jpg
Capco’s Prime Brokerage Consulting To Support Prime Brokers
November 30, 2019

Capco announced its new Prime Brokerage Consulting offering to support prime brokers. Capco is a global management and technology consultancy dedicated to financial services and energy industries. Its Prime Brokerage…

Scroll to Top