Manager News

Marathon promotes chief compliance officer to partner

Marathon promotes chief compliance officer to partner

Marathon Asset Management, the New York-based global credit manager with over $23 billion in assets under management, announced this week…
Varenne eyes growth, builds up business development

Varenne eyes growth, builds up business development

Paris-based Varenne Capital Partners promoted Bo Huang to lead its international business development and hired Jonathan Monat to support growth…
HFR: HFs finish 2021 on average up over 10%

HFR: HFs finish 2021 on average up over 10%

Hedge fund returns were largely positive in December with the HFRI Fund Weighted Composite Index gaining 10.3% in 2021, according…
McCormick steps down as Bridgewater CEO to prep for U.S. Senate bid

McCormick steps down as Bridgewater CEO to prep for U.S. Senate bid

Bridgewater CEO David McCormick has stepped down after 12 years at the firm, according to an announcement released today. McCormick…
KPMG/AIMA survey: HFs expanding hybrid IR efforts

KPMG/AIMA survey: HFs expanding hybrid IR efforts

The joint KPMG/AIMA hedge fund industry fourth-quarter 2021 survey shows that while all remain bullish on investor capital raising efforts,…
Invesco veterans plot hedge fund launch

Invesco veterans plot hedge fund launch

The founders of a new hedge fund firm, Tectonic Investors, are planning an imminent launch for a fund that will…
Seward & Kissel HF side letter research highlights FoHF new manager activity

Seward & Kissel HF side letter research highlights FoHF new manager activity

New York-based law firm Seward & Kissel found that while pensions and other end investors relied on mature managers, fund…
BAAM names new hedge fund CIOs

BAAM names new hedge fund CIOs

David Ben-Ur and Atish Nigam will join Blackstone () Alternative Asset Management at the beginning of 2022, bringing with them…
HF performance slips due to equity market declines, Omicron woes

HF performance slips due to equity market declines, Omicron woes

Hedge fund returns declined last month in the largest single-month dip since March 2020, according to data released by HFR.…
Marathon to buy pharma company

Marathon to buy pharma company

Marathon Asset Management signed a deal to acquire Kaléo for $310 million in cash as the firm boosts its healthcare-oriented…
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