Merced County Employees halves hedge fund allocation, boosts fixed income

At its April 25 retirement board meeting, Merced County Employees’ Retirement Association halved its 10% hedge fund allocation target to [Read More]
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Sightings….

Weiss Multi-Strategy Advisers has filed for bankruptcy. Its Chapter 11 petition, filed in Manhattan federal court, indicates that it has [Read More]
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Elliott Management building stake in Sumitomo……Activism is growing in Japan

Paul Singer’s Elliott Management is building a stake in Sumitomo Corp, Japan’s fourth largest trading firm which has a market [Read More]
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Elliott builds Anglo American stake to $1.1B amid takeover interest

Over the past few months, Paul Singer’s Elliott Investment Management has built about a $1.1 billion stake in Anglo American [Read More]
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Sightings….

Andrew Carney and Mark Zeldis, partners at Walleye Capital, are retiring as the $5.7 billion multi-strategy firm restructures. Carney had [Read More]
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