Hedge fund news

Here are some recent news articles and updates from the hedge fund industry:

Top Stories

  1. Hedge Funds Post Best Quarter Since 2013: Hedge funds have had their best quarter since 2013, with the average fund returning 4.4% in the first quarter of 2023, according to data from eVestment. (Source: Bloomberg)
  2. Activist Investor Nelson Peltz's TriArtisan Capital Partners Raises $2.5 Billion Fund: TriArtisan Capital Partners, the hedge fund founded by activist investor Nelson Peltz, has raised $2.5 billion for its latest fund, according to a regulatory filing. (Source: The Wall Street Journal)
  3. Hedge Fund Manager David Einhorn's Greenlight Capital Returns 12.4% in Q1: Greenlight Capital, the hedge fund managed by David Einhorn, returned 12.4% in the first quarter of 2023, according to a letter to investors. (Source: CNBC)

Fund Closures and Liquidations

  1. Hedge Fund Manager Bill Ackman's Pershing Square Capital Management Closes $4.5 Billion Fund: Pershing Square Capital Management, the hedge fund managed by Bill Ackman, has closed its $4.5 billion fund to new investors, according to a regulatory filing. (Source: The Wall Street Journal)
  2. Hedge Fund Manager Daniel Loeb's Third Point LLC Liquidates $1.5 Billion Fund: Third Point LLC, the hedge fund managed by Daniel Loeb, has liquidated its $1.5 billion fund, according to a regulatory filing. (Source: Bloomberg)

Regulatory Updates

  1. SEC Proposes New Rules for Hedge Funds and Private Equity Firms: The Securities and Exchange Commission (SEC) has proposed new rules that would require hedge funds and private equity firms to disclose more information about their fees and expenses. (Source: The Wall Street Journal)
  2. EU Proposes New Rules for Hedge Funds and Private Equity Firms: The European Union has proposed new rules that would require hedge funds and private equity firms to disclose more information about their fees and expenses, as well as impose stricter rules on their use of leverage. (Source: Financial Times)

Industry Trends

  1. Hedge Funds Shift Focus to ESG Investing: Many hedge funds are shifting their focus to environmental, social, and governance (ESG) investing, as investors increasingly demand that their investments align with their values. (Source: Institutional Investor)
  2. Hedge Funds Turn to Alternative Data Sources: Hedge funds are increasingly turning to alternative data sources, such as social media and satellite imagery, to gain an edge in the market. (Source: Bloomberg)