Hedge Fund Industry News
A collection of Hedge Fund latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Sundheim's D1 Hedge Fund Tumbled 6% in March as Biggest Stock Bets Soured
D1 Capital Partners ' equities book tumbled 6% in March, according to people familiar with the matter, making Dan Sundheim's firm one of the worst-performing stock-pickers that month. Its six-biggest stock bets as of year-end all lost money, led by…
L1 joins hedge fund carnage as Qantas, James Hardie hit by war
L1 Group's funds under management tumbled in the March quarter as the performance of its flagship hedge fund was hit by the escalating war in the Middle East, and investors kept pulling money from Platinum Asset Management's strategies. The…
Exclusive: One hedge fund is pitching a fix to SpaceX's IPO deluge: Shorten employee lockup periods
As we scooped last week, bankers have been puzzling over how to handle the tsunami of selling — more than $1 trillion at the valuation being discussed — that would hit the market six months after the IPO, if the company pursued a…
New York hedge fund slams 'out of touch' Scottish company chiefs
The tender offer represented the latest attempt by the board of EWIT to stave off sustained efforts by Saba to gain control of the trust, which is run from Edinburgh by Baillie Gifford, having seen off multiple bids by the hedge fund to oust its…
Korea's Pension Fund NPS Expands Currency Hedging to Bolster Won
South Korea's National Pension Service, one of the world's largest pension funds, is revising its rules to permit greater foreign‑exchange hedging as it seeks to ease pressure on the won. The $1 trillion fund will scrap a long-standing 15%…
Ackman's Joint Pershing Square, Fund IPO Begins Formal Marketing
Bill Ackman has kicked off formal marketing for the US initial public offering of his closed-end fund and his hedge fund, even as the Iran war hits dealmaking optimism. The billionaire's Pershing Square Inc. is moving ahead with an IPO that could…
Clover Health Investments, Corp. (CLOV) Partners with HealthEX to Enhance Access to Clinical Records
Clover Health Investments, Corp. (NASDAQ: CLOV) is one of the best healthcare penny stocks to buy according to hedge funds. On April 7, Clover Health Investments Corp (NASDAQ:CLOV) entered into a strategic partnership with HealthEX. The partnership…
Bloomberg Intelligence: Ackman Starts Marketing Pershing IPO to Raise up to $10 Billion
Bloomberg Intelligence Podcast • Browse all episodes Watch Scarlet and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu ***Broadcasting Live from the New Jersey Institute of…
Is Precigen Inc. (PGEN) The Best Healthcare Penny Stock to Buy?
Precigen Inc. (NASDAQ: PGEN) is one of the best healthcare penny stocks to buy according to hedge funds. On April 7, Precigen Inc. (NASDAQ:PGEN) reiterated its expectation that sales of its lead respiratory treatment, PAPZIMEOS, will exceed $18…
Mar Vista U.S. Quality Strategy Exited Veralto Corporation (VLTO) for More Compelling Opportunities
Mar Vista Investment Partners, LLC, an investment management company, released its “Mar Vista U.S. Quality Strategy” first-quarter 2026 investor letter. A copy of the letter can be downloaded here. U.S. equities entered 2026 with…
CytomX Therapeutics, Inc. (CTMX) A Top Healthcare Penny Stock Amid Colorectal Cancer Treatment Progress
CytomX Therapeutics (NASDAQ: CTMX) is one of the best healthcare penny stocks to buy according to hedge funds. On March 24, analysts at Jefferies reiterated their Buy rating on CytomX Therapeutics (NASDAQ:CTMX) and set a $16 price target. The…
Here's What Caused Churchill Downs Incorporated's (CHDN) Weakness
ClearBridge Investments, a global equity manager, recently published first-quarter 2026 commentary for its “Mid Cap Strategy”. A copy of the letter can be downloaded here. Mid-cap stocks showed strong performance in Q1, with the…
OPKO Health, Inc. (OPK) Makes Progress on Game changing Covid-19 Treatment
OPKO Health, Inc. (NASDAQ: OPK) is one of the best healthcare penny stocks to buy according to hedge funds. On April 9, H.C. Wainwright reiterated its Buy rating on Opko Health (NASDAQ:OPK) and $3 price target, impressed by the company's Phase 1…
Ibtrozi Prospects Asserts Nuvation Bio Inc. (NUVB) as one of the Best Healthcare Penny Stocks
Nuvation Bio Inc. (NYSE: NUVB) is one of the best healthcare penny stocks to buy according to hedge funds. On April 8, analysts at Truist Securities reiterated a Buy rating on Nuvation Bio Inc (NYSE:NUVB) with a $12 price target. The positive…
Clearbridge Mid Cap Strategy Sold ICON Public Limited Company (ICLR) in Q1
ClearBridge Investments, a global equity manager, recently published first-quarter 2026 commentary for its “Mid Cap Strategy”. A copy of the letter can be downloaded here. Mid-cap stocks showed strong performance in Q1, with the…
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