Millennium changes terms – the higher of annual 1% fee of assets or 20% of investment gains; eliminates key man clause
Posted: March 8, 2023
In a February 21 letter to investors, Millennium Management disclosed a change in terms. Investors will now pay an annual [Read More]
Performance Round-Up: Mixed results in February
Posted: March 8, 2023
With equities weaker and interest rates higher in February, hedge funds felt pressure. The HFRI Fund Weighted Composite Index dipped [Read More]
Jacksonville Police and Fire Pension prohibits crypto investments
Posted: March 8, 2023

At its February board of trustees meeting, the $1.9 billion Jacksonville Police and Fire Pension updated its actuarial rate of [Read More]
Launches: Todd Barker’s Freestone Grove Partners expected to launch with over $1B
Posted: March 7, 2023
Todd Barker, who had been at Citadel for 16 years, is launching Freestone Grove Partners later this year. The multi-manager [Read More]
Sightings…
Posted: March 6, 2023
Christoper Palazzolo has joined Bridgewater as head of Europe and global sustainable investment partnerships. He had previously been at AQR [Read More]