Hedge Fund and Insider Trading News: Maverick Capital, Starboard Value, D.E. Shaw, Saba Capital Management, NOMA Capital, Sight Sciences Inc (SGHT), Alphabet Inc (GOOG), and More

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SohnX San Francisco Fireside Chat Features Prometheus Alternative Investments in Conversation with Lee S. Ainslie III of Maverick Capital (Businesswire)
LOS ANGELES–(BUSINESS WIRE) — Prometheus Alternative Investments is excited to participate in the 2021 SohnX San Francisco Investment Conference on October 27 from 12:00 – 3:00pm PDT. The virtual event’s finale is a Fireside Chat with Prometheus Correspondent Amelia Martyn-Hemphill and keynote speaker Lee S. Ainslie III, founder and Manager Partner of Maverick Capital. “Our media team is excited to share insights and stories from investment professionals with everyone on Prometheus. Thank you to the Sohn Conference Foundation for the opportunity to have an in-depth conversation with hedge fund legend Lee Ainslie,” said Martyn-Hemphill, a journalist and filmmaker whose resume includes BBC News, Bloomberg TV, and Jim Cramer’s TheStreet.com.

D.E. Shaw, Saba Among Firms Winning Big on Trump SPAC Plan (Bloomberg)
Hedge funds including D.E. Shaw and Saba Capital Management own stakes in a special purpose acquisition company that surged Thursday after former President Donald Trump announced plans to create his own publicly traded media firm through a reverse merger. Highbridge Capital Management and Palm Beach, Florida-based Lighthouse Investment Partners also hold shares of the blank-check company, Digital World Acquisition Corp., according to data compiled by Bloomberg. Digital World skyrocketed 190% to $28.92 at 12:40 p.m. in New York as retail investors piled into the stock, which was the top purchase on Fidelity’s platform.

Hedge Fund Industry Sees Lower Net Inflows, Performance Gains in Q3 – HFR (Pensions & Investments)
Estimated total net inflows into hedge funds of $5.6 billion in the third quarter were less than half of the estimated $12.3 billion of net inflows in the second quarter, research company HFR said in a report Wednesday. Performance-based asset growth also was much lower — an estimated $2.4 billion — in the third quarter compared with $145.9 billion in the quarter ended June 30, according to HFR data.

Hedge Funds Edge Towards USD4 Trillion Milestone as Volatility Surges (Hedge Week)
Total hedge fund industry assets have swelled to almost USD4 trillion globally, a rise of nearly USD370 billion since the start of this year, according to new capital flows data. Hedge fund managers attracted USD5.6 billion of new investor money throughout the third quarter, supplemented by marginal performance-based gains, putting total industry capital at USD3.97 trillion overall, Hedge Fund Research stats show.

NOMA Goes for the Private Sector (Hedge Nordic)
Stockholm (HedgeNordic) – Oslo-based asset manager NOMA Capital has launched a closed-end actively managed alternative investment fund that invests in early-stage private companies. Launched in the third quarter, NOMA Vekst I is the first of a series of planned fund launches by NOMA Capital that focus on early-stage companies, according to the asset manager’s latest quarterly investor letter.






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