Hedge Fund and Insider Trading News: Bill Ackman, Crispin Odey, Anthony Scaramucci, Caxton Associates, Third Point LLC, Balyasny Asset Management, Citadel LLC, Othania Capital, Montrose Environmental Group Inc (MEG), Tryp Therapeutics Inc. (TRYP), and More

Bill Ackman Says Russia’s Attack on Ukraine Means World War III has Likely Already Started (CNBC)
Billionaire hedge fund manager Bill Ackman has warned that World War III has “likely started already” amid Russia’s invasion of Ukraine. “In January 2020, I had nightmares about the potential for a pandemic, but everyone seemed to think I was crazy. I am having similar nightmares now,” Ackman said via Twitter late Saturday.

Hedge Fund Balyasny Plans Hiring Spree for New Unit in Equities Expansion (Bloomberg)
Balyasny Asset Management is launching a new business to bolster the hedge fund’s equities strategy and plans to hire investment managers as part of the expansion. The unit, Corbets Capital, will debut in the second half of the year with offices in New York and Greenwich, Connecticut, according to a memo seen by Bloomberg.

Othania Makes Yet Another Hire (Hedge Nordic)
Stockholm (HedgeNordic) – Shortly after hiring the first non-founder employee, Danish asset manager Othania has further strengthened its team with the hiring of Alexander Bruun as Portfolio Manager. Bruun joins Vincent Dilling-Larsen and Christian Mørup-Larsen, the brothers who founded Othania Capital in early 2016, as well as recently hired Customer Manager Henrik Theis Jensen.

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Hedge Fund Boss Says UK Should Borrow to Address ‘Depressing’ Growth Outlook (Hedge Week)
Andrew Law, the Chief Executive of long running macro hedge fund Caxton Associates, says the UK should look to borrowing to address the country’s ‘depressing’ growth outlook, according to a report in the Financial Times. Any additional funding raised should then be used to finance “targeted investment” in specific projects that will help to improve productivity and growth. Caxton, with USD11 billion in assets, made record gains in 2020 on the back of wagers on falling bond yields and gold trading.

Impala Starts the Year With Big Gains (Institutional Investor)
The Tiger Cub thinks the commodity cycle still has a long way to run. The Impala Resource Fund has picked up where it left off last year. The hedge fund headed by Tiger Cub Robert Bishop was already up 22.3 percent for the year as of March 1, according to an investor in the fund.