SurgoCap Partners made history with its debut as the largest woman-led hedge fund internationally. Under its founder, Mala Gaonkar, SurgoGap Partners started trading on Tuesday, January 3, 2023 with $1.8 million under management. The SurgoCap firm will base its investments around areas in which technology can boost financial, industrial, and health care sectors. Gaonkar …
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As the year draws to a close, it is an opportunity to look at the investments being made by strategic money managers and what they are expecting to see from their capital moves. Tracking the recent quarterly activity of hedge funds that have taken large positions in particular companies or those that have expanded long-standing …
Sports teams and sporting franchises were once owned by families. Nowadays, even with the economic instability around the world, hedge funds and investment consortiums are buying up the big players. In May 2022, Todd Boehly put together a conglomerate deal of $5.3billion to buy the Chelsea football club. Roman Abramovich, the club’s previous owner, put …
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The current financial volatility, spiraling inflation, market uncertainty, hardline constraints of central banks, and geopolitical conflict in Europe seem to be doing nothing for the hedge fund industry. The assumption that investor involvement in the market might be reduced by all these factors, opting for care and restraint in tenuous times, is proving to be …
The FX market has been unpredictable for quite some time, but now it seems that hedge funds with a quantitative concentration—those known for making lightning-speed trades on grand scales—are looking at crypto for their next big investment move. Crypto’s value differs significantly across markets yielding a plethora of opportunities for hedge fund managers with strong …
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Bridgewater, the largest hedge fund in the world, has appointed two new CEOs. Nir Bar Dea, who is being promoted from his current role as deputy chief executive of Bridgewater, and Mark Bertolini, a member of the board of Bridgewater. Bar Dea, 40, has been with Bridgewater since 2015; he has been deputy CEO since …
Mergers and acquisitions are not a common step for hedge funds. But the increased stresses of the industry, including skyrocketing costs and investors’ penchant for established entities, is forcing many funds to close their doors. Some are opting to merge with bigger institutions, like Eisler Capital which is acquiring Glen Point Capital in a rare …
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According to the Kresge Foundation, female leadership in hedge funds represents less than 10% of the overall industry. But nine new funds are indicative of a long-awaited change in the hedge fund industry: they are being led by women. These women have spent their initial years in the industry earning money and fostering connections that …
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Former hedge fund manager Neil Barsky is leaving his role as the Chairman and founder of the Marshall Project. Barsky has spent seven years growing the organization which won two Pulitzer Prizes, including one in 2021 for national reporting, and its 54 employees with a nearly $12 million budget. His plans for the future include a …
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Python is emerging as the preferred language for hedge fund technology. Those looking to work in the industry would be wise to consider acquiring this skill and showcasing it in their resume. Nat Kilsby, the COO of Quadrature Capital predicted this trend in March 2021, as recruitment of coders with extensive Python capabilities were being …
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