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Caxton and Graham Post Solid Gains in a Strong Year for Macro Funds

Double-digit returns for Caxton and steady gains for Graham underscore a year when many macro managers capitalized on big market moves.

Valiant Topped the Tiger Crowd in 2025

Most Tiger Cubs and Grandcubs posted strong results in either their long-short or long-only funds.

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Podcast- Inverting Risk and Capturing the Spread: Merger Arbitrage Explained

Bill Ackman’s Big Year Came from AI, Trump — And an Insurance Play

The Pershing Square hedge fund manager is expanding his empire.

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