Brevan Howard Capital Management LP won't charge a management fee on profits generated by BH Macro Ltd., a listed fund that invests in the main hedge fund run by the firm. The policy came into effect on Oct. 3, Brevan Howard said in a filing on Wednesday.
The founders of London-based hedge fund Parvus Asset Management like to play their cards close to their chest. By showing their hand in a recent investment, they thwarted a proposed merger of gambling companies William Hill Plc and Amaya Inc.
Hutchin Hill Capital, the $3.4 billion New York-based hedge fund led by Neil Chriss, is shutting its Hong Kong office after 19 months. While the fund's Pan-Asian Event Driven strategy has been "modestly profitable" since its inception, profits were driven "largely by its syndicate activities and the core Event book has not met our performance criteria," according to a letter sent to investors Monday.
Odey Asset Management LLP has hired Dipankar Shewaram, the co-founder of hedge fund Goldbridge Capital Partners, as a money manager in London. Shewaram said he started at the investment firm run by Crispin Odey last week. He will co-manage the $300 million Odey Odyssey Fund with Tim Bond, a former Barclays Plc managing director who joined Odey in 2010, according to a company statement.
Man Group Plc, the world's largest publicly traded hedge-fund firm, said it will acquire Aalto Invest Holding AG to branch out into private market investing. Alto manages $1.7 billion, the London-based firm said in a statement on Friday. Man Group also reported net inflows of $1.3 billion in the third quarter.
Kieren McCormack is leaving his senior position within Credit Suisse Group AG's unit that deals with hedge fund clients, as Chief Executive Officer Tidjane Thiam pushes on with cost cuts, people with knowledge of the matter said.
Camares Capital, a hedge fund started by former Deutsche Bank traders in 2013, is liquidating, according to two people with knowledge of the matter. The London-based firm managed about $500 million and is in the process of returning capital to investors, said the people, who asked not to be identified because the information isn't public.
Camares Capital LLP, a hedge fund started by former Deutsche Bank AG traders in 2013, is liquidating, according to two people with knowledge of the matter. The London-based firm managed about $500 million and is in the process of returning capital to investors, said the people, who asked not to be identified because the information isn't public.
Brevan Howard Asset Management's main hedge fund, which has been bleeding assets, extended losses for the year with a 0.9 percent decline in September, according to two people with knowledge of the matter. The Brevan Howard Master Fund, which oversaw $14.2 billion as of August, is down 3.4 percent in 2016, said the people, who asked not to be identified because the information is private.
Brevan Howard Asset Management's main hedge fund grew too large and will now be capped at $15 billion, founder Alan Howard said in an interview with the Financial Times. The fund climbed to as much as $27 billion before falling to $14.2 billion at the end of August after two years of losses.
Muck Rack makes it simple to find people, tweets, or articles that mention any name, keyword, company, hashtag etc. We've compiled this guide to help you make the most of your search.
Selecting a term
Start searching tweets, articles from media outlets, articles mentioned in tweets, journalists'
names, titles and bios with some suggested searches:
Companies or Topics (e.g. iPhone, Microsoft)
Phrases (e.g. "cloud computing") — use quotes to keep the terms together
Twitter handles (e.g. @username) — returns those who have mentioned or replied to
Names (e.g. "David Pogue")
Hashtags (e.g. #sxsw, #london2012)
Bio details (e.g. vegan, Olympics, father)
Muck Rack's Advanced Search allows for many boolean operators.
Find results that mention multiple specified terms, use AND or
+. For example, ensure each result contains both Elon Musk and Mark Zuckerberg by
searching Obama AND Romney or Obama + Romney.
Use the operators OR or , to broaden your search when you'd like either of
multiple terms to appear in results. (This is the default behavior of our search when no operators
are used.) For example, search for democrat OR republican to find results that refer to
Democrats and/or Republicans.
Use NOT or - to subtract results from your search. For
example, searching Disney will yield results about the Walt Disney Company as well as Walt Disney
World Resort. To exclude mentions of Disney World, search for Disney -World or Disney
When using one of these operators with a phrase, enclose it in quotation marks. For example, you can
find results about smartphones excluding Apple's iPhone 4S by searching smartphone -"iPhone
Use parentheses to separate multiple
boolean phrases. For example, to find journalists talking about having fun in Disney World or
Disneyland, search for ("disney world" OR disneyland) AND fun.
An asterisk can be used to search for any variation of a root word truncated by the asterisk. For example, searching for admin* will return results for administrator, administration, administer, administered, etc.
A near operator is an AND operator where you can control the distance between the words. You can vary the distance the near operation uses by adding a forward slash and number (between 0-99) such as strawberries NEAR/10 "whipped cream", which means the strawberries must exist within 10 words of "whipped cream".