Hema Parmar

The firm’s AI technology seeks to replicate the depth of research and analysis usually provided by fleets of humans.

Millennium Management is allocating $800 million to credit-focused Mycor Capital Management, the latest in its spree of parceling out of cash to external hedge funds.

A Magnetar Capital, gestora de hedge funds com US$ 18 bilhões sob gestão, abrirá mão de analistas humanos em seu mais novo produto e, em vez disso, empregará centenas de bots de inteligência artificial para pesquisar ações.

Even hedge funds are divided about whether to ride the artificial intelligence wave or position for a nasty stock-market correction.

Three years into Nir Bar Dea’s effort to revitalize Bridgewater Associates, the hedge fund is leaner and churning out better performance than it’s had in years. Still, some shareholders are cutting the firm’s valuation and others are pulling out.

Stephen Miran, a former Federal Reserve governor, is rejoining hedge fund Hudson Bay Capital Management as a senior strategist.

Aaron Weiner is shuttering his Millennium Management-backed hedge fund and returning to his former employer, Coatue Management, less than two years after leaving to set up his own shop.

Coatue Management’s hedge fund rose 4.7% in June, fueled by a rally in tech stocks benefiting from the artificial intelligence boom, according to a person familiar with the matter.

Whale Rock Capital Management’s flagship hedge fund gained 72.5% this year, making the $19 billion tech-focused firm one of the industry’s top performers.

Lone Pine Capital posted a 43% gain for its hedge fund investors through June, notching one of its best-ever starts to a year and landing it among 2026’s top performers.