The mechanics of a PM deal are complex. Contracts are increasingly nuanced and bespoke, including caveats and clawbacks.
Clients of Armistice Capital who recently redeemed got stuck with IOUs that have lost money in 2025.
A Bloomberg analysis of the major hedge funds’ regulatory filings shows their passthrough fees have exploded in recent years.
Global hedge funds have been snapping up Chinese stocks for much of this year, with their buying accelerating in the past ...
HEDGE funds have long gotten bad press ... In May 2023, he launched DeepSeek to develop a large-scale AI model. When asked in an interview why a quantitative fund would undertake such a thing, he ...