IFM Investors

1 month ago | institutionalinvestor.com | Stephen Taub |IFM Investors

Several hedge funds are gearing up for a rare and much-anticipated initial public offering this week. Hinge Health plans to sell 13.7 million shares for between $28 and $32 apiece. The total includes about 8.5 million shares from the company and more than 5.1 million from shareholders selling stakes, according to a regulatory filing. The company expects to raise about $437 million and be valued at nearly $2.98 billion.

1 month ago | institutionalinvestor.com | Stephen Taub |IFM Investors

Two of the highest-profile hedge fund firms have shuffled their biggest bets. But, according to their first-quarter stock holdings reports, Bridgewater Associates made major changes to its portfolio, while Renaissance Technologies more or less tinkered. Bridgewater pared its largest long position by more than half, initiated one new position, and more than doubled other significant holdings.

Sep 18, 2023 | capitalbrief.com | IFM Investors |James Arbuthnott

Queensland's WICET has begun talks for an early refinancing of $US2 billion in debt in a test of market appetite for exposure to coal. 1:00am on 19 September 2023Queensland coal port operator Wiggins Island Coal Export Terminal (WICET) has begun talks for an early refinancing of around $US2 billion in debt in a major test of market appetite for exposure to the commodity. WICET is owned by coal companies Glencore, Coronado Coal and Yancoal.