Hedge Fund and Insider Trading News: Macellum Advisors, Angelo Gordon, Glenview Capital Management, St. Petri Capital, Grove Inc (GRVI), and More

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Glenview Posts Solid Results in a Tough First Quarter (Institutional Investor)
Larry Robbins’ main hedge fund and little-known healthcare fund have so far managed to stay in the black for the year. Glenview Capital Management was obviously doing something right in the first quarter of 2022. The hedge fund headed by Larry Robbins posted a 5.9 percent gain in its main fund, Glenview Capital Partners, for the three-month period, even after losing a little less than 1 percent in March, according to…

Angelo Gordon Appoints Global Head of Client Partnership Group (Hedge Week)
Alternative investment firm Angelo Gordon has appointed Alan Isenberg, former Head of Product Strategy and Marketing at Neuberger Berman, as Global Head of its Client Partnership Group. In this role, he is responsible for leading the firm’s worldwide client and product functions, including new business development, client coverage, product development and management, and client service.

St. Petri Partners up for New Launch (Hedge Nordic)
Stockholm (HedgeNordic) – Danish asset manager St. Petri Capital plans to launch a long-only European small-cap equity fund managed by its new partner, Ivan Larsen. Larsen managed a European small-cap equity fund under the umbrella of Danske Bank Asset Management until he departed from the asset manager in 2020 after 21 years with the firm. “We are pleased to announce that we have welcomed Ivan Larsen as a new Partner at St. Petri Capital,” announces St. Petri Capital on LinkedIn. “Ivan will manage a long-only European small-cap fund that we expect to launch during 2022,” adds the Copenhagen-based hedge fund manager. “Ivan is a very skilled manager of European equities, and his knowledge and experience will become a big asset to the St. Petri team.”

Image by MayoFi from Pixabay

Chicago Financier Ken Griffin Gives $40 Million to N.Y. Museum (Philanthropy)
The Richard Gilder Center for Science, Education, and Innovation at the American Museum of Natural History is scheduled to open next winter. Kenneth Griffin gave the American Museum of Natural History $40 million to support the Richard Gilder Center for Science, Education, and Innovation, which is scheduled to open next winter. A four-story atrium space within the new center will be named for Griffin.

Opalesque Roundup: Hedge Funds Record $10bn Net Inflows in February: Hedge Fund News, Week 12 (Opalesque)
In the week ending April 1st 2022, eVestment reported that after starting 2022 with net investor redemptions, hedge funds bounced back in February with investors pouring $10 billion in new money into the business. After January’s outflows, year-to-date asset flows to the business now stand at +$7.95 billion. Hedge fund managers were down -0.26% in February – recording their second consecutive month of outperformance against the S&P 500 which slipped -3.14% during the month. Nearly half of global hedge funds have posted positive returns in February while around 43.0% of them have maintained positive performance over the first two months of the year.

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