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Rithm Capital to buy Crestline as it expands into private credit
Posted: September 4, 2025
Rithm Capital, one of the largest US mortgage servicers, has reached a deal to buy Crestline Capital as it moves [Read More]
Performance Round-Up: Pershing Square soars 5% in August….Greenlight slips for fourth consecutive month
Posted: September 2, 2025
Large multi-strategy hedge funds were generally positive in August though many lagged the stock market. Value managers continued to suffer [Read More]
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Trump’s World Liberty tokens drop from its high on first day of trading….valuation of Trumps’ holdings estimated at $5B
Posted: September 1, 2025
Trading in World Liberty Financial tokens ($WLFI) began trading today at 20 cents and quickly rose to a high of [Read More]
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Ader places 26 Capital Acquisition Corp into bankruptcy
Posted: September 1, 2025
Jason Ader placed his fund, 26 Capital Acquisition Corp, into bankruptcy on July 11, according to the New York Post. [Read More]
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Favorable M&A environment motivates event-driven portfolio managers, who recently left large multi-strats, to launch own funds
Posted: September 1, 2025
Merger arb funds have posted, on average, gains of 5.7% in the first six months of 2025 – already surpassing [Read More]
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