Point72 Asset Management is dismissing its top talent scout after posting a sharp monthly loss for November.Read more.
Global-macro trader Erik Cetrulo has shelved plans to launch a hedge fund.Read more.
The SEC is investigating Princeton Alternative Funding, a direct-lending operation that filed for bankruptcy earlier this year.Read more.
Commodity-futures broker INTL FCStone soon will begin offering prime-brokerage services to funds that invest in securities.Read more.
Private-debt investor Solar Capital is marketing a fund that would buy and originate loans to highly leveraged mid-size businesses.Read more.
Apollo Global is developing a product to protect investors against severe deteriorations in credit-market conditions.Read more.
Jonathan Graham, the former head of Citadel’s quantitative-investing unit, is laying the groundwork for his own investment business.Read more.
The flagship fund of Paul Isaac’s Arbiter Partners is on track for its worst annual performance since 2011.Read more.
Adam Bernstein has returned to Highbridge Capital to launch a new strategy based on a novel approach to sector research.Read more.
A rift between the two partners of Arrow Ridge Capital is forcing the TPG Capital-backed hedge fund to shut down, despite solid returns.Read more.
A year after launching an energy-stock fund, Deep Basin Capital is putting investors on notice that its subscription window could close before...Read more.