Sightings…

Lazard Asset Management has added the systematic equity team from Baylight Capital to its quantitative equity group. The team, consisting [Read More]
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Highbridge Multi-Strategy Fund being converted to credit fund

JPMorgan Chase is converting its Highbridge Multi-Strategy Fund, which has assets of $2 billion, into a credit-focused fund. Arjun Menon, [Read More]
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Launches: Cheyne European Strategic Value Credit raises $1.13B

London-based Cheyne Capital raised $1.13 billion for the Cheyne European Strategic Value Credit Fund SCS SICAV-SIF. It is the firm’s [Read More]
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Sotheby’s is being taken private

After 31 years of public ownership, Sotheby’s will revert to private ownership. Sotheby’s announced today that it has signed an [Read More]
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Bitcoin outperforms traditional asset classes YTD as price exceeds $9000

Over the weekend, Bitcoin prices rallied to $9381, a 13-month high. This morning, prices have eased slightly to $9285. Bitcoin [Read More]
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