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In the News: Tudor flagship falters while merger arb fund posts gains

By Miles Kruppa

Wed Jun 14, 2017


Absolute Return’s daily roundup of U.S. hedge fund news.


Investing

Tudor Investment Corp.'s $407 million merger arbitrage strategy was up 9.3% through May while its flagship macro fund has faltered, dropping 1.2% through early June. Light Street Capital Management, a technology-focused Tiger cub run by Glen Kacher, was up 42.6% through May following an 11% jump during the month.

Anchorage Capital Group and GSO Capital Partners...

ISSN: 2151-1845 / CDC10004H

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