Hedge Crunch FinancialCompany Spotlight
2 New Leaders at Bridgewater
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 […]
Female Founded Hedge Funds is (finally) on Trend
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 […]
New Hedge Fund Index App
PivotalPath, the hedge fund consultant firm, recently released the new Hedge Fund Index App, as a way of simplifying and heightening the benefit of hedge fund indices. While institutional investors use these indices for thoughtful decisions on asset allocation and evaluation, there are inherent systemic issues that curtail their usefulness. The new app offers applicable information, […]
Elliot Management Relocating to Florida
Activist investor Paul Singer has decided to move his $41 billion hedge fund manager to Florida, joining a growing number of investment companies looking to lower their state tax burden. Elliot Management will keep some office space in Manhattan, but his new headquarters will be in West Palm Beach. He will also open offices in […]
Investor Soo Kim Buys Rights to Bally’s Brand for $20 Million
Soo Kim, 45, hedge fund investor and owner of gaming company Twin River Worldwide Holdings, purchased the global rights to the Bally’s name from owner Caesars Entertainment. The $20 million purchase will give Kim the rights to put the name on all of his gaming investments which include 11 casinos and his publicly traded headquarters. […]
Snoddy’s Comeback Firm Earns Him 17% Returns with New Japan Hedge Fund
David Snoddy, a graduate of Tiger Management who took a break from investing for a few years, came roaring back over the past year and a half with 17% growth on his newly established long-short Japan hedge fund. Snoddy worked for Julian Robertson’s Tiger Management in the Tokyo office until he went out on his […]
Tyr Capital Holding Its Own in Volatile Market
Newly launched crypto hedge fund, Tyr Capital Arbitrage SP, reported excellent, double-digit gains after just one year of investing. Nick Norris, Ed Hindi, and Nick Metzidakis created Tyr Capital in January 2019 in London. The fund focuses on soft commodity and energy markets. Two of the three men, Norris and Hindi, worked together at Geneva […]