hedge fund
Coverage of hedge fund in the Nexus archive.
- The Treasury market’s toxic codependency
The US government bond market is characterized as having a toxic codependency. Specifically, this market has become a playground for hedge funds.
- A stock just surged on news Situational Awareness had bought it. But its current fate is unclear.
Financial market disclosures made by Situational Awareness moved a stock on Wednesday. The article identifies Situational Awareness as a hedge fund that had previously liquidated its portfolio of stocks.
- Situational Awareness’s Mystery Investment Was to Source Foundry
Situational Awareness made a mystery $400 million investment to Source Foundry, a chip manufacturing startup. This transaction occurred just days after the hedge fund was reported to be on the brink of collapse.
- Citadel ‘makes a killing’
Ken Griffin’s hedge fund made billions last week. This profit occurred after his fund bought the bulk of Situational Awareness’s stock book.
- AI stocks may have bottomed out. What investors should watch for next.
Microsoft's earnings and a hedge fund's fire sale trading activity provided optimism for AI stocks. The article suggests potential recovery in AI-related investments.
- Meet the Gen Z AI whiz at the center of a hedge fund meltdown
Leopold Aschenbrenner, founder of AI-focused hedge fund Situational Awareness, was fired from OpenAI for sharing internal information and later faced a fund meltdown, leading to the sale of most public assets. He graduated from Columbia at 15 and published a 165-page essay on AI's economic impact.
- Star AI investor Leopold Aschenbrenner is unwinding trades after steep losses, sources say
Leopold Aschenbrenner's hedge fund is unwinding trades and may be forced to liquidate assets due to steep losses, according to sources. The moves come amid financial pressures impacting the fund's operations.
- FirstFT: AI sell-off sparks hedge fund collateral calls
The AI sell-off has led to hedge funds demanding collateral. The article also notes anger over a FIFA plan and shortages of firefighting aircraft.
- Singapore weighs hedge fund tax cuts to rival Hong Kong
Singapore is considering tax cuts for hedge funds to remain competitive with Hong Kong. The city-state is concerned about portfolio managers relocating to Hong Kong.
- Billionaire hedge fund tycoon buys one of the world's most expensive superyachts at $400m
A billionaire hedge fund tycoon purchased one of the world's most expensive superyachts for $400 million.
- Worries Grow That Hedge Fund Crowding May Amplify Risk in Crisis
The article highlights growing concerns that the clustering of hedge funds in similar strategies may increase systemic risk during financial crises. Experts warn that this concentration could amplify market instability if a crisis occurs.
- One Hedge Fund Holds the Keys to Ukraine’s Wartime Industries
A hedge fund holds significant influence over Ukraine's wartime industries, posing potential implications for the country's economy and security. The fund's control raises questions about the distribution of power and resources in Ukraine. This situation may impact Ukraine's ability to manage its industries effectively.
- Schonfeld-Backed Perbak Closing Hedge Fund After ‘Too-Short’ Run
Perbak is closing its hedge fund due to a run that was deemed too short. The fund was backed by Schonfeld. The decision to close the fund has been made after evaluating its performance.
- Billionaire hedge fund boss warns that today's stock market is ready for a 2000-style dot-com crash
A billionaire hedge fund manager has warned that the current stock market is at risk of experiencing a crash similar to the 2000 dot-com bubble burst. The warning highlights concerns about overvaluation and speculative investing in tech stocks.
- Mamdani Pushes to Shrink NY Hedge-Fund, Private-Equity Tax Break
New York Mayor Zohran Mamdani is advocating for the reduction of tax incentives provided to hedge funds and private equity firms in the city. This proposal aims to address concerns over wealth inequality and fund public services.
- Hedge Fund Short Covering Fuels Demand in $5 Billion CATL Deal
A $5 billion deal involving CATL's sodium battery technology is driven by hedge fund short covering, highlighting increased market demand. The battery was showcased at the Beijing Auto Show, signaling growing interest in alternative energy solutions.
- Hedge Fund Launched by Instacart Co-Founder Has AI Call Shots
Apoorva Mehta, co-founder of Instacart, has launched a hedge fund that utilizes AI for market predictions. The fund's approach focuses on leveraging artificial intelligence to analyze and forecast investment opportunities.
- Hedge fund owners of beloved burger chain forced into extraordinary response over high prices
Hedge fund owners of a beloved burger chain are taking an extraordinary response due to high prices, indicating potential customer backlash or financial strain. The situation highlights tensions between corporate ownership and consumer expectations.
- AllianceBernstein Shuts Hedge Fund Arya as Lack of Scale Bites
AllianceBernstein has shut down its hedge fund Arya due to insufficient scale, impacting its operations. The firm, known for its investment strategies, faces challenges in maintaining fund viability without adequate growth.
- Bernie Sanders' anti-billionaire group defends surprising endorsement of billionaire for CA governor
Bernie Sanders' progressive group Our Revolution endorsed billionaire Tom Steyer for California governor, despite its anti-billionaire platform. Steyer, a former hedge fund manager, is funding his campaign with $120 million of his own money, focusing on left-leaning policies like single-payer healthcare and corporate influence reduction. The group defended the endorsement as a strategic move to challenge Republican influence and support a 'values-aligned' candidate.
- Hedge Fund Seeks Removal of Directors at Canadian Lithium Firm
A hedge fund is requesting the removal of directors from a Canadian lithium company. The action is linked to the firm's operations in Toronto.