Skechers USA Inc. increased its offer to resolve a lawsuit brought by hedge funds and other investors challenging 3G Capital’s $9.4 billion purchase of the footwear maker after settlement talks failed last year, according to people familiar with the…
A losing streak in litigation finance is attracting hedge funds and other alternative investment managers looking to invest in legal claims at distressed valuations, according to people familiar with the matter.
New Zealand’s dollar may defy bearish hedge-fund positioning and rally in the near-term on a hawkish tilt from the central bank and any de-escalation in the Middle East, analysts say.
Brazilian hedge fund SPX Capital is undergoing a major restructuring, with senior partners departing and a rethink of operations that will include shutting its London office, people familiar with the matter said.
Brown University’s $8 billion endowment cut its position in a Blue Owl Capital Inc. private credit fund by more than half last quarter, joining retail investors in scaling back exposure to the $1.8 trillion market.
