Despite heavy redemptions, performance lifts Man Group’s assets to a new record high

Man Group was hit with $1.6 billion in redemptions in Q1, following $300 million in outflows in Q4 2023. Meanwhile, [Read More]
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Sightings….

Brevan Howard is slashing 10% of its employees i.e. 100 people, as it attempts to reduce costs amid lackluster performance. [Read More]
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Seward & Kissel’s New Manager Study finds fee and liquidity terms over past five years has been fairly consistent

Seward & Kissel’s New Manager Hedge Fund Study, based on 2023 hedge fund launches of its clients, found that fee [Read More]
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Closing: Irvine’s Lijaro Asset Management

Stephen Irvine’s Lijaro Asset Management is shutting down its long/short equity hedge fund after four years and returning assets to [Read More]
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Senate Democrats propose new bill to close hedge fund tax loophole

Senators Tammy Baldwin (D-WI), Joe Manchin (D-WV) and Sherrod Brown (D-OH) have introduced the Carried Interest Fairness Act to close [Read More]
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