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Senior Millennium Management portfolio manager Farzad Kassam is preparing to launch his own hedge fund next year, with backing from Izzy Englander's multi-strategy investment firm in the latest example of established platforms seeding new managers, according to a report by Bloomberg.
We haven't written up this one. Hedgeweek has the full story — the link below goes straight to it.
A hedge fund managed by Hong Kong-based Jupiter Research Capital lost more than 40% of its value in July, highlighting the severe impact that the global sell-off in AI-related stocks has had on…
The central bank also highlighted inflationary pressures from robust global AI-demand.
CVC Capital Partners reported stronger-than-expected first-half results, with higher fundraising activity, rising fee-paying assets under management and record portfolio realisations helping the…
Private credit borrowers are increasingly finding more competitive financing terms in Europe than in the US, as intense competition among European lenders contrasts with a US market constrained by…
AI-focused hedge fund Situational Awareness explored selling stakes in privately held technology companies before agreeing to transfer most of its public equity portfolio to Citadel, according to a…
TOP STORY: KKR delivered stronger-than-expected second-quarter results after completing a record level of private equity exits, highlighting the firm's ability to generate liquidity for investors…
