Sightings…

Bluecrest Capital’s chief portfolio manager recruiter, Michael Grad, is leaving the firm. He has led business development there since 2017. [Read More]
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Hedge funds gear up for crypto markets’ 24/7 trading

Hedge funds are increasingly hiring weekend crypto traders as they deal with the growing influence of cryptocurrencies on traditional finance, [Read More]
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Stablecoin bill advances in the Senate….passage is expected next week

The Senate advanced the stablecoin legislation today in a bipartisan 68-30 procedural vote. Eighteen Democrats voted for the proposal while [Read More]
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Sightings….

Secretary of the Treasury Scott Bessent is emerging as a contender to succeed Federal Reserve chairman Jerome Powell whose term [Read More]
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Investors returning to long/short equity managers

Long/short equity funds had their best asset raising quarter in years as net inflows in Q1 reached $22.8 billion, the [Read More]
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