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Hedge Fund and Insider Trading News: Man Group, Paulson & Co , Millennium Management, Archegos Capital Management, Novocure Ltd (NVCR), Target Corporation (TGT), and More

Hedge Fund and Insider Trading News: Man Group, Paulson & Co., Millennium Management, Archegos Capital Management, Novocure Ltd (NVCR), Target Corporation (TGT), and More The retail investing boom is showing signs of slowing down, and short sellers are seizing on the trend as Reddit “meme-stocks” tank. Hedge fund Millennium International Management, with some $50bn in assets under management, is piling into a big bet against Arrival, a British electric vehicle firm that debuted on the Nasdaq on 26 March following a Spac deal. A former Paulson & Co. partner has transformed a small investment vehicle he inherited from his old firm into a private equity fund with almost $1 billion of assets. When Andrew Klaber’s Bedford Ridge Capital took control of Paulson Investment Co. I in October, the fund had just $169 million. Today, its capital and commitments exceed $900 million, according to a regulatory filing. Combined with several other co-investment vehicles acquired from Pauls

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