Weeden & Co. is exploring the sale of all or part of its business, including its prime-brokerage division.Read more.
Welton Investment, which has employed quantitative analysis for 30 years, is marketing a multi-strategy vehicle with investor-friendly fee terms.Read more.
Asia-focused equity shop FengHe Fund Management has profited handsomely as the U.S.-China trade dispute has roiled Asian markets.Read more.
A statistical-arbitrage manager with a history of strong returns is setting up a vehicle that would employ the higher-capacity strategies of its flagship...Read more.
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.