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02/19/2020

Evanston Redeploys After Exiting Element

By pulling its money from Element Capital, fund-of-funds operator Evanston Capital removed the largest position in its portfolio — and a significant...

02/12/2020

Multi-Manager Push Gains Momentum

Two former Lighthouse Investment executives are nearing the launch of a novel multi-manager program that has been more than two years in the...

02/05/2020

Activist Manager Offers Fund for Buyout Play

Activist shop Engaged Capital is raising money for a special-purpose vehicle that would aid its quest to take over a publicly traded nutrition and...

01/29/2020

Elm Ridge Continues to Hemorrhage Capital

Elm Ridge Management is clinging to life, with Duke University now its only major investor.

01/22/2020

Cohen's Point72 Approaching Peak Assets

The assets of Steve Cohen’s Point72 Asset Management could soon surpass those of predecessor SAC Capital.

01/15/2020

Prime Brokers Skittish on Risk in Options Plays

A change in risk requirements that Jefferies’ prime-brokerage unit imposed on options-trading hedge fund clients has resulted in problems for some of...

01/08/2020

Goldman Sachs Alums Prep Quant Offering

An investment team that oversaw billions of dollars for Goldman Sachs Asset Management’s quantitative-equity unit is preparing to launch a hedge...

12/18/2019

Soros Hires Senior Fund-of-Funds Pro

Soros Fund Management has hired a high-profile professional away from UBS to oversee its investments with outside fund managers, an area where the firm has...

12/11/2019

Brevan Howard Ties Up With Soros Alum

Brevan Howard Asset Management is again backing Adam Fisher, a global-macro manager whose capital-raising efforts appear to be rapidly gaining...

12/04/2019

Paloma-Backed Manager Starts Marketing

Credit-product investor John Aylward, who runs money exclusively for Paloma Partners, is moving ahead with plans to recruit other limited partners.

11/20/2019

Physician Prepping Healthcare Vehicle

An immunologist who swapped a career in medical research for finance 10 years ago will begin trading on Dec. 1 via his own hedge fund.

11/13/2019

Sorin Gives Up Blackstone Role, Winds Down

Sorin Capital, a commercial mortgage bond investor that ran $1.6 billion at its peak, is shutting down after a 15-year run.