Sale marks first time Izzy Englander has parted with equity in firm’s 36-year history
Prop shops versus pod shops
The era of giant multi-managers has changed how rewards are calculated — and ushered in bumper deals
Big ambitions but small gains in Jain Global’s first year
Plus, Citigroup poaches top JPMorgan bankers and Mamdani faces Wall Street critics
Ken Griffin’s flagship fund was up 2.5% in first half of 2025, while Izzy Englander’s firm gained 2.2%
Plus, UK wealth managers eye private markets, investors flee long-term bonds, and Kiefer/Van Gogh at the Royal Academy
Izzy Englander’s group working with Petershill Partners as it opens up to external investors for the first time
Buyers could include some of the largest investors in Izzy Englander’s firm
Izzy Englander still owns 100% of one of the world’s top hedge funds
Multi-strategy –> Multi-manager –> Multi-boutique
Ken Griffin’s and Izzy Englander’s funds likely to have outperformed industry
Both firms confirm resolution but decline to disclose details stemming from departure of two former employees
Two groups explore strategic partnership as world’s largest asset manager seeks to expand in fast-growing alternatives
Fund would invest in less liquid assets including private credit
The unseen axis is the deadliest
Performance of Ken Griffin and Izzy Englander’s funds extends profitable run for best-known multi-managers
High-speed trading firm sued hedge fund last week over lucrative options trading strategy it claims were stolen
Lawsuit sets up rare public clash between two big Wall Street rivals
Izzy Englander poaches latest partner from Wall Street bank, where David Solomon faces fresh unrest
Rising interest rates and a ‘talent war’ are dampening enthusiasm for the multi-manager strategy
Best-performing managers’ punchy bets on stock markets paid off in 2023
Portfolio manager from Izzy Englander’s firm strikes out with expected $4bn-$5bn launch
Big-name managers post double-digit returns as costs of talent war weigh on some smaller players
Plus, Ardian’s next chapter, Wellcome Trust warns of private equity ‘shakeout’, and Oslo’s burgeoning art scene
