Congratulations to Maureen Reed (Reiley), Chief of Staff & COO, People Team, for being named in the The Hedge Fund Journal's annual 50 Leading Women in Hedge Funds report! The report celebrates exceptionally talented women working in the global hedge fund industry: https://ow.ly/2bxq50U68Hz
We are delighted to get a special mention, along with our Managing Director, Seán Sweeney in this weeks Financial News article on the important topic of Women in hedge funds and the continued success of star portfolio managers that been raising billions for hedge funds.
Read the article in full below ⤵
https://lnkd.in/e-ddMC2D
Bridgewater cuts workforce by 7% to stay agile: (Hedgeweek) Bridgewater Associates, the world’s largest hedge fund, has laid off 7% of its workforce as part of an effort to remain lean and maintain flexibility for future hiring, according to a report by Reuters citing an unnamed source familiar […] #hedgefund#portfoliomanagement#capital
Hedge funds are known to be one of the most sophisticated capital allocators. They operate multiple strategies. For example, Bridgewater Associates follows "macro" strategy and Citadel follows "global quantitative" strategy, in addition to others.
To finance these hedge funds requires an understanding of these sophisticated strategies and the ability to match them with the largest institutions in the world.
In this week's episode with Lindsay Costigan, CAIA , Head of Prime Service Sales of the Western Region at BNP Paribas, we will share discuss her work of sourcing and maintaining financing relationships with hedge funds and asset managers based in the Western region. Lindsay started her career almost 2 decades ago and literally grew up with some of the largest hedge funds in the Bay Area. She is also on the board of the Sohn San Francisco Investment Conference, and was generous to host Women Who Build at this year's conference. In 2023, she was named as one of the 50 Leading Women in Hedge Funds by the The Hedge Fund Journal.
And oh, outside of her work hours, she just competes in Show Jumping at the Grand Prix level. 🙂
See a glimpse of what our show covers! And follow along to watch the Grand Finale this Thursday! 👊
#hedgefund#business#financialservices#technology#banking
Five firms broke the day-one $1bn mark in 2024, a resurgent year for hedge fund launches.
It was not all about the scale players - 150+ launches from “high-quality” sources have launched or are close to launching in an unusually strong start-up scene, says PivotalPath. AFI analysis: https://lnkd.in/eWwSY_92
FROM BLOOMBERG -
Bridgewater Cuts 7% of Staff in Effort to Remain ‘Nimble’
About 90 staff were dismissed by world’s biggest hedge fund
Firm posted double-digit gains for most strategies last year
Nimble = Boost Profits
Baupost clients pull $7bn over past three years: (Hedgeweek) Seth Klarman’s Baupost Group, once a standout in the hedge fund world, has seen its clients withdraw approximately $7bn over the past three years as the firm grappled with underwhelming returns, according to a report by Bloomberg. To read […] #hedgefund#portfoliomanagement#capital
It's interesting to see how the hedge funds are employing different strategies in the DS Smith deal. We do not often see such divergence of positions as we do in this deal, so we will keep a close eye on how it plays out. If more detail is required please reach out to us. #manda#hedgefunds#mergerarb#londonstockexchange
BREAKING NEWS: Two Sigma will dismiss roughly 200 employees or about 10% of workforce after the firm’s two new co-CEOs conducted a wide-ranging review of the hedge fund’s business. No PM impacted
https://lnkd.in/gqTJ-63J
(Bloomberg) -- Bridgewater Associates dismissed 7% of its workforce Monday as the world’s biggest hedge fund seeks to remain lean and maintain the flexibility ...
Head of Human Resources at Five Rings
4moCongratulations, Maureen!