Rupak Ghose’s Post

From Tom Steyer's beginnings to post-departure moves, explore how the hedge fund Farallon Capital revolutionized strategy investments and thrived in merger arbitrage, real estate, and activist endeavors. https://lnkd.in/gF5ifuti #TomSteyer #FarallonCapital #FarallonInsights #FarallonLegacy #Investment #Strategies

Where have all the hedge fund superstars gone? The days of investors trusting a star hedge-fund manager with their cash are in the rearview mirror, writes Business Insider's Linette Lopez. Unlike years ago, hedge funds are no longer the only game in town for institutions or the ultra-wealthy looking to park their cash somewhere. Venture capital, private credit, and private equity have grown considerably over the past decade. And the big names that remain in the industry are starting to resemble Wall Street banks in their size and complexity. More on Business Insider #hedgefunds #wallstreet #investing

Bill Ackman drops fundraising target for US fund’s IPO to $2bn Bill Ackman has cut the amount he is seeking to raise in the initial public offering of his US investment fund Pershing Square Capital Management, L.P. to $2bn, a fraction of the $25bn the billionaire hedge fund manager had initially targeted. The reduction in the fundraising target is the second in a matter of days for one of the highest-profile investors on Wall Street, and follows an unexpected delay last week caused by a letter Ackman sent to investors in his hedge fund, Pershing Square Capital Management. Pershing Square Capital Management, which will manage the investments in the US-listed fund as well as its European counterpart, will contribute $500mn to the offering as the anchor investor, according to a filing published on Tuesday. Please read the article by Financial Times or more details (https://lnkd.in/g2Qu5k4r) #IPOs #capitalmarkets #hedgefund #billackman #X #billiondollars

Wow: The World's Most Successful Hedge Funds In History 🤯 Led by Ken Griffin's Citadel, these are the hedge fund industry's most profitable hedge funds since inception - updated with 2023's performance: 1. Citadel - $74.0bn ($56.8bn AUM) 2. Millennium - $56.1bn ($61.9bn AUM) 3. Bridgewater Associates - $55.8bn ($72.5bn AUM) 4. Soros Capital Management - $43.9bn (NA) 5. TCI - $41.3bn ($50bn AUM) 6. Viking Global Investors - $40.9bn ($30.5bn AUM) 7. The Baupost Group - $37.0bn ($27.4bn AUM) 8. The D. E. Shaw Group - $36.1bn ($43.8bn AUM) 9. Farallon Capital Management - $40.4bn ($56.8bn AUM) 10. Lone Pine Capital LLC - $35.6bn ($15.9bn AUM) Spectacular. #finance #investing #tech #technology #investing #market #hedgefunds

There’s an interesting shift happening among family offices lately—many with over $1 billion in assets are moving away from traditional hedge funds toward quantitative trading strategies. According to Hannes Hofmann from Citi, this trend is driven by the rising costs of hedge funds. “A lot of family offices think hedge funds are too expensive,” Hofmann points out. Instead, these offices are turning to systematic strategies that use technology and math formulas to automate investments. It’s not just about cutting costs, these strategies offer solid protection against market swings, which is a big draw right now. They’re not just diversifying their portfolios, they’re also sharpening their investment strategies to be more efficient and effective in today’s market ups and downs. Some of the largest family offices have already started putting serious money into quantitative strategies, especially to shield their assets in real estate and stocks. This trend isn’t limited to one region either—European and Middle Eastern family offices are also exploring these new avenues. Beyond just managing wealth, these offices are also influencing trends in private equity and even getting more involved in how listed companies operate. In a world where political changes and unexpected events can rock markets overnight, the appeal of quantitative strategies is obvious. “Family offices are saying, ‘Look, we want to stay invested, but something doesn’t quite feel right in terms of protections,’” said Hofmann “That’s why we are seeing these (quantitative) products move from a niche allocation in the hedge fund space into the core part of the portfolio.” With family offices growing in number worldwide, the move to quantitative strategies is set to redefine how wealth is managed for years to come. #FamilyOffice #QuantitativeTrading #InvestmentStrategies #WealthManagement #FinancialMarkets #Citigroup

Bill Ackman is gearing up to launch a NYSE-listed fund, and it's causing a stir. 1. This fund is set to be one of the largest ever, offering regular investors like you and me a chance to get in on the action. 2. Unlike typical hedge funds that demand hefty minimum investments ($100,000 to Millions), Ackman's fund breaks the mold by having no minimum investment. That's a game-changer for retail investors looking to dive into high-quality investments without breaking the bank.#AckmanFund #InvestingForEveryone #AccessibleInvesting

In our newest episode of Private Market Talks, we are joined by Caroline Cooley, managing partner and CIO for Crestline Summit Strategies, which she has helped build into a multi-strategy, multi-portfolio and multi-billion-dollar asset manager. In a conversation co-hosted by Proskauer partner Kelli Moll, co-head of the Firm’s Hedge Funds practice, we explore Crestline’s “platform model,” its strategy for delivering alpha, the hedge industry’s evolution and more. Listen now: https://bit.ly/3yeMr9E #Proskauer #privatecapital #InvestmentStrategies #RiskManagement #hedgefund #privatemarkets #creditfunds

Quantitative strategies will generally lower risk and lower correlation, improving the portfolio They are more difficult to understand but worth the work

🚀📊 D.E. Shaw proves its quant prowess with a solid 9.6% gain in 2024! From multi-strategy mastery to private equity plays, discover how this hedge fund titan stays ahead of the curve. Ready for a deep dive into the year's most intriguing financial success story? Click through for expert analysis and key insights that every investor and finance pro should know. https://lnkd.in/gNX43fS8 #DEShaw #QuantInvesting #HedgeFundSuccess 💼💰