(Hedgeweek) International capital markets software firm genesis has completed a Series A financing round, securing a total of $3 million from Illuminate Financial, a UK-based capital markets venture capital firm, and Tribeca Angels, a New York venture group. To read […]

(Reuters) – India’s top hedge fund is exploring opportunities in state-run banks, a sector shunned by most investors till now, as valuations turn attractive and the backlog of bad loans that have riddled lenders start to dwindle. To read this […]

(Bloomberg) Today is the deadline for 13Fs, where funds of all kinds will disclose what stocks they bought and which ones they sold in the third quarter. But this filing period is a bit different than others because the quarter […]

(Reuters) Prominent hedge funds, including Baupost Group and Viking Global Investors, may be bearing the brunt of utility PG&E Corp’s (PCG.N) tumbling share price after raising bets on the utility in the months ahead of the Camp Fire, California’s deadliest […]

(Financial Times) Greg Coffey, one of London’s best-known hedge fund traders, is planning to relocate his company to New York next year citing concerns about London’s role as a global financial centre. Mr Coffey, a former manager at GLG Partners, […]

(Reuters) Grocery delivery startup Instacart raised an extra $271 million in November from investors including U.S. hedge fund Tiger Global Management, bringing its latest round of fund raising to $871 million, a source familiar with the matter told Reuters. The […]

(Bloomberg) Billionaire Stanley Druckenmiller’s love for Facebook Inc. proved short-lived, and he’s not alone. The social-media giant, a onetime hedge fund darling, saw a number of high-profile investors hit the exit during the third quarter, when an earnings miss in […]

(Reuters) Several prominent investors put fresh money to work in Apple (AAPL.O) during the third quarter even as they sold out of other high-flying tech companies, betting the iPhone maker’s stock would keep rising as strong growth overshadowed rising trade […]

(CNBC) October’s miserable market month took its toll across the board, including the hedge fund industry, which collectively turned negative for the year.Hedge fund returns declined 3.1 percent during the month, according to industry tracker eVestment, the second-worst month since […]

(Harvest) We’ve reached that time of the year again, when prognosticators are producing all manner of publications centering on how the 2019 investment landscape will likely take shape. Robeco issued a white paper in October, ‘Turbulence Ahead: Investment Outlook 2019,’ […]

(Bloomberg) Sears Holdings Corp.’s latest attempt to raise cash and stave off liquidation is hinging on a complex — and perhaps shrewd — maneuver to create a bidding war among derivatives traders who wagered hundreds of millions of dollars on […]

(Hedgeweek) The selloff in October was difficult to navigate for hedge funds, but there were substantial divergences across strategies, according to the latest Weekly Brief from Lyxor’s Cross Asset Research team. Lyxor writes: “L/S Equity and Event-Driven strategies underperformed due […]