News

Each day, DailyAlts tracks major developments across the alternative investment world. Our content is procured from primary contacts in the industry and secondary sources across the web. Our goal is to give readers the most up-to-date news and engaging experience to open new doors and areas of knowledge. Our stories cover nine separate verticals of the alternative investment industry.

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/2019/11/stock-exchange-913982_1920-LSE.jpg
London Stock Exchange and PrimaryBid To Democratize Public Equity Offerings
November 22, 2019

The London Stock Exchange (LSE) has tied-up with fintech PrimaryBid to give retail investors access to share offerings. PrimaryBid’s internet-based investment platform will allow retail investors to digitally access share…

https://dailyalts.com/wp-content/uploads/2019/08/Ray-Dalio.jpg
Ray Dalio Is Shorting the World
November 22, 2019

Hedge fund manager Ray Dalio is shoring the markets. The largest hedge fund in the world – Bridgewater Associates – has a $1.5 billion bet that the markets will fall…

https://dailyalts.com/wp-content/uploads/2019/11/bitcoin-3471724_1920-asset-Uk.jpg
A UK Legal Task Force Clarifies on Cryptoassets and Smart Contracts
November 22, 2019

A UK Jurisdiction Task Force has issued a legal statement on cryptoassets and smart contracts. Issued under the aegis of the Law Tech Delivery Panel, the document is a result…

https://dailyalts.com/wp-content/uploads/2019/11/businessman-3189794_1920-icapital-pimco.jpg
Now, Advisors and Qualified Clients Get Access to PIMCO Alternative Strategies
November 22, 2019

iCapital Network, which connects advisors and their high net worth investors to leading alternative investment managers, ties up with PIMCO. iCapital Network said it will develop a customized technology platform…

https://dailyalts.com/wp-content/uploads/2019/08/Hedge-Fund.jpg
Preqin: Hedge Fund Performance Improved Again in October
November 22, 2019

Hedge fund performance remained strong in October. As investors cheered lower interest rates and progress on trade between the U.S. and China, hedge funds returned 1.06% for the month. That…

https://dailyalts.com/wp-content/uploads/2019/09/Marriner_S._Eccles_Federal_Reserve_Board_Building.jpg
Community Banking Recap – November 22, 2019
November 22, 2019

Earnings season is pretty much behind us now, and the Federal Reserve issued its latest minutes. While Wall Street is celebrating the fact that a historically high number of companies…

https://dailyalts.com/wp-content/uploads/2019/11/55e3dd474e52a814ea898579ce203e7c1d22dfe05455724e742f7fd0_640.jpg
Hedge Fund Firefly Demands Board Seat at Gulfport Energy
November 22, 2019

Firefly Value Partners is taking the activist approach with Gulfport Energy. The hedge fund has demanded a seat on the board of directors at the energy firm.

https://dailyalts.com/wp-content/uploads/2019/11/cyber-security-1805246.png
ZecOps Raises $10.2 Million Seed To Exploit Cyber-Attackers’ Mistakes
November 22, 2019

ZecOps received $10.2 million in seed funding from CEAS Investments, Evolution Equity Partners, KPN Ventures, Plug and Play Ventures, Stormbreaker Venture Group, and some angel investors.

https://dailyalts.com/wp-content/uploads/2019/11/57e8d64a4e52aa14ea898579ce203e7c1d22dfe05455724f7c2d7dd2_640.jpg
SS&C GlobeOp’s Forward Redemption Indicator was 4.81% for November 2019
November 22, 2019

The SS&C GlobeOp Hedge Fund Performance Index for November arrived today. Here is a recap from the group’s press release from November 21, 2019. 

https://dailyalts.com/wp-content/uploads/2019/11/money-501613_1920-farient-exec-comp.jpg
Investors Concerned About Executive Compensation: Report From Farient Advisors
November 22, 2019

Engaged investors continue to be concerned about climate change, gender adversity, and pay equality, says a report from Farient Advisors and the Global Governance and Executive Compensation Group. Investors are…

Scroll to Top