HedgeCo Insights

(Hedgeweek) Tech-focused hedge fund Whale Rock Capital Management plans to reopen its flagship fund in early 2025, seeking to raise between $200m and $300m in new capital, having significantly outperformed the broader market YTD with a 51% gain, according to […]

(Hedgeweek) A growing market for injecting fresh capital into aging energy assets owned by private equity firms through continuation funds has attracted major hedge funds, including Baupost Group and Elliott Investment Management, according to a report by Bloomberg. To read this article:

(CNBC) Stock futures were near the flatline Thursday night as investors awaited key payrolls data. Futures tied to the Dow Jones Industrial Average dipped 21 points, or less than 0.1%. S&P 500 futures and Nasdaq 100 futures shed about 0.1% each. To read this article:

(CNBC) The Bureau of Labor Statistics is expected to report Friday that nonfarm payrolls increased by 214,000 in November, a significant step up from the meager 12,000 gain in October. It will be the last comprehensive look the Federal Reserve will […]

(CNBC) MicroStrategy dipped into negative territory to slip 4.8% after surging more than 7% earlier in the day Thursday. Riot Platforms and Mara Holdings fell around 5% and more than 4%, respectively. Meanwhile, Robinhood Markets declined 2.7% and Coinbase Global dropped more than 3%. To read this article:

(Hedgeweek) Pershing Square Holdings has confirmed plans to delist from Euronext Amsterdam, aiming to consolidate trading on the London Stock Exchange in a decision driven by cost-saving measures and a desire to simplify regulatory requirements, according to a report by […]

(CNBC) David Sacks will guide the administration’s policies for artificial intelligence and cryptocurrency. Some of that work includes creating a legal framework for crypto, as well as leading a presidential council of advisors on science and technology. The appointment signals that […]

(CNBC) Thursday afternoon, the flagship cryptocurrency pulled back from the milestone. It was recently higher by 0.28% at $99,140.00, according to Coin Metrics, trading at the lows of Thursday’s trading following some profit taking by investors. The move came after […]

(CNBC) U.S. stock futures were relatively unchanged on Wednesday night following a record day for stocks. Futures tied to the Dow Jones Industrial Average fell 18 points, or 0.04%. On the other hand, S&P 500 futures slid 0.08%, and Nasdaq-100 futures moved 0.1% lower. To […]

(Hedgeweek) Digital asset investment products saw inflows totalling $270m last week, taking total inflows so far this year to a new record of $37.3bn, according to the latest Digital Asset Fund Flows Weekly Report from CoinShares. To read this article:

(CNBC) The price of bitcoin soared past the long-awaited $100,000 benchmark for the first time ever late Wednesday evening. The flagship cryptocurrency was last higher by more than 4% at $103,544.00, according to Coin Metrics. Earlier, it rose as high as $103,844.05. […]

(Hedgeweek) Millennium Management, one of the world’s largest multi-strategy hedge fund firms, is investing nearly $3.3bn in two newly formed trading teams as part of its aggressive push to expand its portfolio of internal and external talent, according to a […]