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In the week ending July 19th 2024, Pivotal Path reported that hedge funds finished the first half of the year in positive performance territory, with funds including Bridgewater Associates, Schonfeld Strategic Advisors and Aspect Capital posting double digit gains. Overall, hedge funds were in the green, posting returns up 5.8% through the end of June, according to the PivotalPath hedge fund composite index.

Meanwhile, Aurum report said that hedge fund performance was generally positive in June. Strategy performance was mixed. The average asset weighted hedge fund net return across all strategies was 0.47%. The strongest performing strategy was equity l/s. Hedge fund performance dispersion was similar to that observed in May. Long biased funds monitored by Aurum's Hedge Fund Data Engine returned an average of 0.62%, in a broadly positive month for risk assets. All sub-strategies had positive returns, with the exception of long biased - commodities.

In new launches, Ilex Capital Partners, one of last year's biggest hedge fund startups, is preparing to raise fresh capital by the end of this year - led by former Citadel traders Jonas Diedrich and Dave Sutton, the London-based firm is in talks with clients to open the fund to an additional $1.5 billion; Defense tech investment firm AE Industrial Partners has closed its third flagship private equity firm with $1.28 billion in capital commitments, and Goldman Sachs aims to raise $2 billion in its first Asia Pacific-focused private equity fund, two people with knowledge of the bank's fundraising plan said, as it looks to deepen exposure to some of the world's fastest-growing economies.

Meanwhile, Anthropic and Menlo Ventures are teaming up to back early-stage startups, and get them using the artificial intelligence company's technology - the $100 million Anthology Fund is ......................

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