A stock-research shop that caters to thousands of traders and investors has developed an artificial-intelligence program with hedge funds in...Read more.
Global-macro investor 55 Capital is offering an equity stake in its business at an unusually high valuation for a startup.Read more.
Eaglevale Partners, a global-macro shop co-founded by Hillary Clinton’s son-in-law, Marc Mezvinsky, is no longer in business.Read more.
TPG-Axon Management didn’t invoke gate provisions for its lone hedge fund at yearend, despite heavy redemption requests.Read more.
A structured-products specialist who formerly worked at BlueCrest Capital has opened his own fund shop.Read more.
Alexander Captain’s Cat Rock Capital is opening the doors to outside investors for the first time since just after its inception.Read more.
Fir Tree Partners, whose strategy combines elements of hedge fund and private equity investing, is marketing a new vehicle that locks up investor capital...Read more.
AllianceBernstein is setting up a multi-strategy hedge fund division.Read more.
Millennium Management is culling an unusually large number of underperforming portfolio managers.Read more.
Genesis Capital is looking for a lifeline — the latest example of a promising startup stumbling on weak performance and sagging demand for hedge...Read more.
Rosebrook Capital hopes the coming months will see it find an anchor investor for its latest secondary-market fund.Read more.