Know What's Happening in Hedge Funds
Know What's Happening in Hedge Funds
Hamza Lemssouguer builds $20B hedge fund after rejecting Ken Griffin’s offer
London‑based manager Hamza Lemssouguer turned down a multi‑billion‑dollar offer from Citadel founder Ken Griffin in 2020 and launched Arini Capital with $1.3 billion in seed capital. Within two years the firm expanded to roughly $20 billion in assets under management, making it the fastest‑growing new hedge fund according to Hedge Fund Research.
Blue Owl Capital announced the final close of its inaugural Blue Owl Strategic Equity (BOSE) fund with more than $3 bn in commitments. The vehicle targets GP‑led continuation funds and minority equity deals, arriving as GP‑led secondaries hit record volumes.
Dragonfly Capital Premium Top 10 Equal Weighted added 54.5bp on the week using 60% of capital. YTD +12.96% https://t.co/b4n2bgl7Cl https://t.co/PuQHzHIraB
Citadel has terminated its credit portfolio manager Zachariah Barratt after a series of losses. The losses were driven largely by a failed bet on Spirit Aviation Holdings and other underperforming credit trades. Barratt, who moved to Citadel from Apollo Global...
Prominent hedge fund figures disclosed divergent strategies as Paul Singer dismissed the notion of a talent war, citing a robust market and higher fees. Meanwhile, billionaire investor Seth Klarman redirected $600 million into three new positions while shedding a large Alphabet...
Millennium Management is reclaiming capital from Engineers Gate, ending a three‑year partnership. The two firms disagreed on liquidity terms, with Millennium valuing the allocation at $3.6 bn and Engineers Gate at $1.5 bn. The split will be completed by month‑end, reshaping Millennium’s...
This week: *Millennium & Engineers Gate have ended their three-year partnership — not because of returns but because of liquidity terms. *The macro scoreboard: it's brutal. *Hedge funds rarely make public statements. This week they did. https://t.co/eZJvFgECEy
Bridgewater Associates' $92 billion Pure Alpha strategy posted a loss of under 1% for March, outpacing rivals that logged multi‑billion‑dollar declines amid an Iran‑driven oil price shock. The fund’s defensive positioning highlights a widening gap between macro hedge funds that were...
SoFi Technologies was hit by a Muddy Waters short‑seller report accusing it of inflating loan profitability, which drove the stock down nearly 50% in a single session. The lender, which posted 41% year‑over‑year growth in deposits and adjusted revenue and...
When CTAs unwind, they don't ask for permission. They sell into whatever liquidity is available. The signal is already at levels that preceded major drawdowns in 2022 and early 2024. Price follows positioning. It usually takes time a little longer than you...
Systematic funds haven't panic sold yet. CTA and vol-control models are sitting at neutral positioning right now. That means they still have long exposure to unwind. If this downtrend continues, these models will keep selling mechanically. No capitulation signal. Just more rules-based selling still...
Victor Dergunov, known as The Financial Prophet, outlined a five‑step strategy to brace for a market correction, beginning with trimming risky equities and moving to roughly 20% cash. He redeployed capital into beaten‑down gold miners, defensive energy stocks, and selective...
Cliffwater is a $33B fund invested in 50+ other funds that are all gating simultaneously. $4.6B in unfunded commitments. 14% redemption requests. S&P negative outlook. “It all works great when no one wants their money back.”
PRIVATE CREDIT IS COLLAPSING DUE TO AI? BLACKROCK JP MORGAN ETC JP Morgan and Goldman Sachs are offering hedge funds away to short private credit… Week of 3/23/2026 #ai #finance #bitcoin #money
Adecco Group signed a multi‑year agreement with Salesforce to obtain unlimited global access to the Agentforce 360 platform, a suite that powers agentic AI across enterprise workflows. The deal enables Adecco to accelerate AI‑driven service delivery, boosting speed, quality and reliability...
A 23-page research paper reveals the number 1 method Hedge Funds use to beat the market: Time Series Momentum This is how: 🧵
JP Morgan has launched a basket of credit default swaps designed to let hedge funds bet against the debt of $GOOGL, $AMZN, $ORCL, $META, and $MSFT 👀 https://t.co/snSNwBvm2p
GitLab unveiled version 18.10, introducing the GitLab Duo Agent platform that lets customers tap into agentic AI capabilities at a low cost, even on the free tier through a monthly GitLab Credits commitment. The new model gives development teams visibility...
BTIG reaffirmed a Buy rating on Nexxen International Ltd. but lowered its price target to $9 from $10. The ad‑tech firm posted Q4 FY2025 revenue of $101 million, slightly beating estimates, and forecast ex‑TAC revenue of $375‑$390 million, indicating about 8% YoY...
Atlas Global Macro, last year’s top‑performing Nordic hedge fund, has launched a Danish feeder on the Fundmarket platform to channel new capital into its Luxembourg‑domiciled Fund 2. Fund 2 mirrors the original macro strategy but strips out legacy Russian holdings...
Activist billionaire Bill Ackman sold Pershing Square’s remaining Hilton Worldwide shares after a seven‑year hold, using the proceeds to buy Amazon and Meta Platforms. The move lifts AI stocks to roughly 55% of the fund’s $15.5 billion portfolio, underscoring a broader...
Svelland Capital has appointed Laurent Hoffmann, formerly head of quantitative research at Shell, as its new Head of Quantitative Research. Hoffmann brings experience across power, gas, carbon markets and crude oil derivatives, complementing Svelland’s commodity‑focused, long/short strategy. The Oslo‑London fund,...
Millennium Management has hired a former JPMorgan credit trader to join its London office, bolstering the firm’s credit trading desk. The move comes as Millennium expands its European footprint and seeks to deepen its credit research capabilities. The hire underscores...
Hedge funds and large asset managers are channeling more than $1 trillion into tax‑alpha strategies that prioritize after‑tax returns. The surge includes $100 billion in tax‑aware long‑short funds and a direct‑indexing boom, prompting both investor enthusiasm and policy criticism.
“There is one thing I have been doing for many years now and has in my view been absolutely central to the fund’s performance. [...] I am referring to building an understanding of and conviction around a company manager’s integrity...
This paper unlocks every algorithm used by hedge funds. 151 trading strategies. Get it here (361 page PDF):
Opaleye Management Inc sold 198,572 Harrow shares for roughly $7.8 million in early March 2026, trimming about 5% of its pre‑sale position. The hedge fund still holds close to 3.7 million shares, representing roughly 10% of Harrow, suggesting a strategic adjustment rather...
This month is proving painful for macro traders: Brevan Howard Master Fund: -6% (MTD through March 20), -0.5% YTD Brevan Howard Alpha Strategies: -3.7% (MTD through March 20), +0.6% YTD Taula: -9.6% (MTD through March 20) Caxton Macro: -15% (MTD...
BlackRock’s senior fixed‑income veteran Rick Rieder is raising capital for TriaXial, a new hedge‑fund‑style vehicle focused on low‑correlation, opportunistic credit opportunities. Backed by BlackRock’s roughly $3 trillion fixed‑income platform, the fund aims to exploit dispersion, rate‑curve shifts, and cross‑market arbitrage in...
Millennium Management has hired Erdit Hoxha, Goldman Sachs' co‑head of global equities, to join its Office of the CIO. The move underscores Millennium's strategy of building talent density at scale, treating top investment professionals as core infrastructure. It reflects a...
CV5 Capital and blockchain‑focused firm Formatnull announced the launch of a new hedge fund dedicated to digital assets on March 16, 2026. The fund, based in the Cayman Islands, aims to capture institutional demand for cryptocurrency and blockchain‑based investments, though...
Victory Capital has pulled out of Janus acquisition after not getting support from Janus’ “special committee” https://t.co/VSWcoMUQal
Capital Asset Advisory Services LLC trimmed its Applied Materials (AMAT) position by 13.8%, selling 3,800 shares and ending the quarter with 23,772 shares valued at roughly $6.11 million. Meanwhile, several large institutions expanded their stakes, most notably Capital Research Global Investors,...
Niles Investment Management founder Dan Niles told CNBC he is steering his fund toward a blend of AI plays and “HALO” heavy‑asset stocks, citing an oversold market and a potential AI inflection point. The manager warned against broad software exposure...
Apollo Global Management announced that its flagship Apollo Debt Solutions BDC will return only about 45% of the capital investors asked to redeem, after redemption requests surged to 11.2% of outstanding shares. The move underscores mounting liquidity pressure in the...
Danske Bank Asset Management has placed its Global Tactical Allocation strategy on hold, moving to a neutral stance across all tactical risk exposures due to heightened uncertainty from the Middle East war. Head of Macro and TAA Bo Bejstrup Christensen...
Multistrategy hedge funds have spent up to $50 million per hire to lure talent, but recent underperformance and departures have sparked industry backlash. Insiders warn that hefty guarantees may misalign incentives and erode cost discipline.
Citco’s latest performance snapshot shows hedge funds posted gains in February before the Ukraine war escalated. While exact return figures were not disclosed, the data underscores a brief rally in an industry managing roughly $5 trillion of assets worldwide.
Third Point’s high‑conviction merger‑arbitrage bet on the Indra Sistemas‑EM&E defense tie‑up collapsed, wiping out the fund’s European position. The breakup was driven by political push‑back, valuation disputes and integration complexity, sending both Spanish defense stocks lower. The failure has forced Dan...
Citadel Securities’ equity strategist Scott Rubner warns that a record‑size short position on U.S. stocks is approaching a potential unwind, setting the stage for a short‑squeeze‑driven rally. He notes that the rally’s magnitude hinges on easing geopolitical tensions, which would...
Blackstone’s flagship private credit vehicle, the $82 billion BCRED fund, posted a 0.4% decline in February – its first monthly loss since September 2022. The dip came as investors withdrew $3.7 billion in the first quarter, underscoring mounting liquidity pressure across the $1.8 trillion...
Jonas Kvalheim Klock, a former Pareto Securities trader, has founded Nidaros Equity Fund in Trondheim, launching in October 2025 with approximately $5.4 million in assets under management. The one‑person hedge fund employs a bottom‑up, high‑conviction long/short equity strategy focused on Nordic,...
HEDGE FUNDS and other money managers purchased the equivalent of 120 billion cubic feet (bcf) in the two major gas futures and options contracts based on prices at Henry Hub in Louisiana over the seven days ending on March 17....
(PREMIUM) "Tactical Update: March 23, 2026 - Dropping Tape Bombs" A few moves into the headline bounce this A.M.... via The Lyons Share https://t.co/MEVP23VgRi https://t.co/WwjuwK9igF
Citadel founder Ken Griffin warned that Japan's soaring debt and strained yield‑curve control could spark a violent bond‑market correction. The warning reverberated across alternative assets, from activist campaigns to crypto exposure, prompting hedge funds to reassess risk and allocation.
The Financial Times piece titled “Gilts: blame the hedge funds?” examines how aggressive hedge‑fund trading may be exacerbating volatility in the UK gilt market. It suggests that large short positions and rapid rebalancing are pushing yields higher, complicating the Bank...
A Seeking Alpha analysis reports that hedge‑fund managers are embracing a "run‑it‑hot" market stance, piling into high‑conviction, aggressive positions. The trend reflects a surge in bullish exposure despite lingering macro risks, signaling a notable shift in risk appetite.
Bridgewater Associates founder Ray Dalio warned that the United States is heading into “very dark times” as debt climbs to $38.7 trillion and geopolitical tensions rise. His comments have ignited a debate among hedge‑fund investors about portfolio risk and the need...
TCI Fund Management, led by activist investor Chris Hohn, reported a $53.6 billion equity portfolio that is almost entirely concentrated in its top ten holdings. The fund’s core positions include General Electric, Visa, Microsoft, Moody’s and S&P Global, reflecting a bias...
Bill Ackman's Pershing Square Capital Management has committed 25% of its portfolio to two AI‑focused stocks – 14% in Amazon and 11% in Meta Platforms – as of December. The allocation underscores a high‑conviction bet on AI applications in e‑commerce,...
Bill Ackman has filed for a combined IPO of Pershing Square USA (ticker PSUS) and his hedge‑fund firm Pershing Square (ticker PS) as the 2026 IPO market remains weak. The closed‑end fund will list on the NYSE at $50 per...
