Michelle Jones

5 days ago | hedgefundalpha.com | Michelle deBoer-Jones |Michelle Jones

Twenty-five-year sentiment indicators have neared peak negativity, but Coatue doesn’t buy it. At the 2025 East Meets West Conference, Coatue’s Philippe Laffont and Thomas Laffont, both co-founders of the conference, shared their keynote address on the state of the markets, outlining their outlook on the macroeconomic landscape and the public and private markets.

1 week ago | hedgefundalpha.com | Michelle deBoer-Jones |Michelle Jones

Flexible capital providers who are looking past Europe might be overlooking some massive opportunities. The Davidson Kempner team wrote a white paper on opportunities in Europe because they were excited about the deals and opportunities they were seeing there. Meanwhile, pessimism about Europe remains high and priced into the markets via valuation discounts.

1 week ago | hedgefundalpha.com | Michelle deBoer-Jones |Michelle Jones

Greg Lippman’s LibreMax Partners outperformed the broader markets in the first quarter, returning 2.97% for the first three months of the year. The S&P 500 Total Return Index was off 4.27% for Q1, while the HFRI Fund Weighted Composite Index was down 0.42%. The HFRI RV Fixed Income Asset Baked Index gained 2.27%, and the Merrill Lynch High Yield Cash Pay Index was up 0.97%. LibreMax had about $11.8 billion in assets under management at the end of March.

2 weeks ago | hedgefundalpha.com | Michelle deBoer-Jones |Michelle Jones

Dan Loeb’s Third Point Partners Qualidied is reporting a 4.9% increase for May, bringing its year-to-date return to 0.7%. In a note to investors, which was obtained by Hedge Fund Alpha, the firm reported that it fully exited AT&T Inc (NYSE:T), which was a new position reported on its 13F for the first quarter. Third Point owned about 3.8 million shares of AT&T as of Q1. Read more hedge fund letters hereThe firm also trimmed its stake in Fortive, which it first owned in the fourth quarter of 2024.

4 weeks ago | hedgefundalpha.com | Michelle Jones

The 2025 Sohn New York Conference may be over, but we’re continuing to bring you features and content from the event. As part of Hedge Fund Alpha’s continuing coverage of the conference, we’re providing a feature on Connie Lee of Felis Advantage, a Tiger grandcub still in the making. Preparing to launchPreviously a partner at Tiger Global, where she was co-head of the firm’s short portfolio, Lee is launching her own long/ short equity fund, Felis Advantage, later this year.