Ken Griffin’s flagship fund was up 2.5% in first half of 2025, while Izzy Englander’s firm gained 2.2%
Plus, UK wealth managers eye private markets, investors flee long-term bonds, and Kiefer/Van Gogh at the Royal Academy
Izzy Englander’s group working with Petershill Partners as it opens up to external investors for the first time
Buyers could include some of the largest investors in Izzy Englander’s firm
Izzy Englander still owns 100% of one of the world’s top hedge funds
Multi-strategy –> Multi-manager –> Multi-boutique
Ken Griffin’s and Izzy Englander’s funds likely to have outperformed industry
Both firms confirm resolution but decline to disclose details stemming from departure of two former employees
Two groups explore strategic partnership as world’s largest asset manager seeks to expand in fast-growing alternatives
Fund would invest in less liquid assets including private credit
The unseen axis is the deadliest
Performance of Ken Griffin and Izzy Englander’s funds extends profitable run for best-known multi-managers
High-speed trading firm sued hedge fund last week over lucrative options trading strategy it claims were stolen
Lawsuit sets up rare public clash between two big Wall Street rivals
Izzy Englander poaches latest partner from Wall Street bank, where David Solomon faces fresh unrest
Rising interest rates and a ‘talent war’ are dampening enthusiasm for the multi-manager strategy
Best-performing managers’ punchy bets on stock markets paid off in 2023
Portfolio manager from Izzy Englander’s firm strikes out with expected $4bn-$5bn launch
Big-name managers post double-digit returns as costs of talent war weigh on some smaller players
Plus, Ardian’s next chapter, Wellcome Trust warns of private equity ‘shakeout’, and Oslo’s burgeoning art scene
Multi-manager tells 150 employees, mostly in non-investment roles, they are losing their jobs
Plus, a star City trader enters the next phase of his career and ValueAct becomes the latest activist to storm Disney
The 75-year-old owner has no intention of retiring but has emphasised the firm’s transition to shared leadership
Izzy Englander’s $60bn firm had planned to put money to work with smaller multi-strategy rival
On a risk-adjusted basis, they have blown their rivals out of the water
