Korea Post Insurance issues RFP for global tactical asset strategy – two absolute return managers

Korea Post Insurance issued an RFP on July 25 for a global tactical asset allocation strategy (excluding global macro hedge [Read More]
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Sightings…

Anastasia Titarchuk has been named interim chief investment officer of the New York State Common Retirement Fund as Vicki Fuller [Read More]
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Hedge funds take $6B bath in Facebook plunge…Viking Global, AQR, Lone Pine largest FB holders at end of Q1

  Facebook has been a top holding for hedge funds. According to Goldman Sachs’ latest “Hedge Fund Monitor,” 97 of [Read More]
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Novogratz’s Galaxy Digital loses $134M in Q1

  Michael Novogratz’s Galaxy Digital, the cryptocurrency merchant bank, had realized and unrealized net losses of $134 million in Q1. [Read More]
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Trillium proposes removing Zuckerberg as chairman as Facebook drop wipes out $120B market cap

Trillium Asset Management, an activist manager which owns about $11 million in the stock, filed a proposal to break up [Read More]
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