Citadel has accused rival hedge fund Marshall Wace of obstructing a court-ordered document search as the firms continue to clash over the recruitment of former Citadel portfolio manager Daniel Shatzm, ...

AQR Capital Management is challenging the valuation behind the $8.4bn take-private of Clearwater Analytics Holdings, adding to a growing push by hedge funds to use Delaware’s appraisal process to seek ...

The University of Virginia’s investment portfolio benefited from an early investment in AI-focused hedge fund Situational Awareness, helping the university’s long-term investments deliver a record 27% ...

Millennium Management is taking legal action against a Dymon Asia Capital portfolio manager in Hong Kong after she accepted a job offer from the multi-strategy hedge fund and subsequently decided to ...

Two Sigma Investments lost a major investor in 2023 amid the long-running dispute between billionaire co-founders John Overdeck and David Siegel, according to a report by Bloomberg citing testimony ...

Bill Ackman’s Pershing Square is preparing to launch a new investment vehicle designed to give investors access to privately held companies before they reach public markets, extending the firm’s ...

Technology-focused hedge funds suffered their steepest monthly decline since the global financial crisis in July as a sharp reversal in AI-related equities hit managers concentrated in the sector, ...

Blue Pool Capital, the investment firm backed by Alibaba chairman Joe Tsai, has raised $300m in the first close of a new vehicle targeting hedge fund strategies, as demand for alternative investments ...

Activist investor Cevian Capital is calling for a substantial increase in remuneration for non-executive directors at UK-listed companies, arguing that better pay and greater share ownership are ...

Hong Kong’s proposed expansion of tax relief for investment managers is prompting hedge funds, banks and family offices to reassess their structures, compensation arrangements and hiring strategies, ...

AI-focused hedge fund Situational Awareness has accumulated an 11.62% holding in Japanese electronics manufacturer Taiyo Yuden, sending the company’s shares higher as investors assess the fund’s ...

Citadel has sold more than 80 per cent of the positions it acquired from Situational Awareness, following the AI-focused hedge fund’s near-collapse during last month’s technology sell-off, according ...