Binance, the world’s biggest crypto exchange, said its co-founder Yi He will serve as the new head of its venture capital arm Binance Labs, replacing Bill Chin, who left earlier this year. Binance Labs manages total assets of $7.5 billion. That makes it one of the largest venture capital players in the crypto industry, rivaling giants such as Silicon Valley investment firm Andreessen Horowitz’s digital assets-focused efforts…
The main fund at asset management firm LibreMax Capital gained about 4% in the first half of the year after cutting exposure to riskier collateralized loan obligations and selling longer-duration asset-backed securities, according to a note to investors seen by Bloomberg…
After getting thrashed in the era of low interest rates, the last remaining hedge fund managers dedicated to the world of foreign exchange are in fighting spirits this year. Aggressive Federal Reserve tightening is sending the US dollar to historic highs and spurring big moves across exchange rates from Europe to Asia…
Man Group, one of the world’s biggest hedge funds, has posted weaker than expected inflows and said clients have asked for more of their money ..
Hedge fund billionaire Steve Cohen exited his investment in cryptocurrency trading startup Radkl, according to a spokesperson for the digital-asset company. The quantitative crypto trading firm, which was formed last year by New York Stock Exchange market maker GTS, has already lost at least four managing directors this year, including Jim Greco, Allan Erskine, Jason Bell and Beatrice O’Carroll…
Inside a lucrative and envied Goldman Sachs Group Inc. trading squad, a pair of employees racked up praise in their recent reviews. One was dubbed “exceptional” with an “impeccable work ethic,” the other as “outperforming” and a “culture carrier.” When the duo accepted new jobs at a hedge fund this year, they said, the bank urged them to reconsider…
Dan James has worked on the sell-side. He’s worked on the buy-side. And now, he’s morphing into a person know for a job in hedge funds. James, who was a Goldman Sachs managing director and head of synthetics and quant sales between 2014 and 2018, has just opened a search boutique, Monroe Partners with veteran headhunter Christian Robbins. James spent the past four years in business development for hedge fund Millennium Management, scouting for portfolio management talent…
David Semenza and Jordan Martinez working toward a H1 2023 debut…
Niall Cameron joined firm earlier this month…
Startup led by former Point72 and Hillhouse analyst Cloud Zhong…
