Arrowpoint Investment Partners is planning to raise up to $400m in fresh capital by the first quarter of 2026 as part of its strategy to expand its investment teams, Bloomberg reported citing a person with knowledge of the matter. The $1.2bn firm is led by Jonathan Xiong, a former co-CEO of Millennium Management Asia. This initiative marks the first time that Arrowpoint is seeking additional funding since October last year. The firm aims to achieve $2bn in assets by the end of 2026, with some commitments ...

Hedge fund titan Bill Aman is having a baffo year. His Persian Square Holdings Fund is up 33% year to date versus the S&P 500 which is up 12%. Okay.And then year to date, it's just fascinating to see over the past 5 years you've got Persian Square up 127%. Since the fund is not listed here in the states, but on the London Stock Exchange, the problem becomes the fact that the shares are difficult to obtain obtained stateside. But now, a newly hatched ETF allows you to invest like Acman.Vista Share CEO Adam P ...

I'm at about 30 years persevering as a “professional bear.” My lucky break came in late-1989, when I was hired by Gordon Ringoen to be the trader for his short-biased hedge fund in San Francisco. Working as a short-side trader, analyst and portfolio manager during the great nineties bull market – for one of the most brilliant individuals I’ve met – was an exciting, demanding and, in the end, a grueling and absolutely invaluable learning experience. Later in the nineties, I had stints at Fleckenstein Capital ...

Capstone Investment Advisors, a New York-based hedge fund, is planning to close its Hong Kong office after approximately four years of operation, reported Bloomberg. This move underscores the difficulties faced by newcomers in the region, who must contend with established firms such as Millennium Management and Point72 Asset Management, both of which boast substantial financial resources and over 15 years of operational experience in the area, reported the publication. Additionally, they are competing ag ...

Donald A. Steinbrugge, CFA – Managing Partner, Agecroft Partners Don is Chairman of Agecroft Partners, a global consulting and third party marketing firm for hedge funds. Agecroft is in contact with over a thousand hedge fund investors on a monthly basis and devotes a significant amount of time performing due diligence on hedge fund managers. Don is a frequent guest on business television including Bloomberg Television, Fox Business News and Reuters Insider. In addition, he has been quoted in hundreds of ar ...

By Jonathan Stempel NEW YORK (Reuters) -A former quantitative researcher at Two Sigma Investments has been indicted for fraud, after allegedly manipulating the large hedge fund's algorithmic models to generate a $23.5 million payday for himself while causing $165 million of harm to clients, U.S. authorities said on Thursday. The U.S. Department of Justice said Jian Wu was indicted on wire fraud, securities fraud and money laundering charges. Wu, 34, a Chinese citizen who has lived in New York, also face ...

Famed investor Ray Dalio said American markets are heading for a financial “heart attack” — and gold may be the best medicine.Speaking at a panel for Abu Dhabi Finance Week, the Bridgewater Associates founder warned that surging US debt costs are clogging the economy the way plaque builds up in arteries.“A doctor would warn of a heart attack,” he said.Bridgewater founder Ray Dalio says American markets are heading for a financial “heart attack” — and gold may be the best medicine. Bianca Otero/ZUMA / Splash ...

By Marianna Parraga HOUSTON (Reuters) - A Delaware court is inclined to deny a motion made last month by miner Gold Reserve to disqualify a rival bid for the parent of Venezuela-owned refiner Citgo Petroleum from an affiliate of hedge fund Elliott Investment Management, Judge Leonard Stark said in a filing on Wednesday. The court is set to begin the final sale hearing next week in the court-organized auction of shares aimed to pay creditors for past expropriations and debt defaults by Venezuela. The hea ...

For more news, information, and strategy, visit the Portfolio Strategies Channel. RELATED TOPICS Advisors and investors increasingly turn to alternatives to bolster and diversify traditional portfolios. Hedge fund strategies offer low correlation complements to stocks and bonds. But high management and entry fees barred many from entry. With a variety of hedge fund replication ETFs on the market, investors can now capture industry strategies with the cost savings of an ETF. In ongoing market volatility and ...

The billionaire founder of Citadel, Ken Griffin, is shifting his focus from markets to philanthropy with Griffin Catalyst, a platform launched in fall 2023 to direct his charitable giving. The initiative builds on more than $2 billion in donations, targeting six priority areas, including education and healthcare, and civic life. Griffin views the effort as his blueprint for changing the country and cementing his legacy beyond finance, according to Business Insider. How Griffin Catalyst Reveals His Vision ...