Point72, the hedge fund firm run by billionaire investor Steve Cohn is to redeem the $750 million it invested in Melvin Capital, according to a report by Bloomberg.
Host-Plus Pty., a $55 billion Australian pension fund, has pledged to make its portfolio carbon neutral by 2050, following growing pressure from its members who include young cafe and bar workers.
Plan will target direct lending, structured credit, distressed and special situations, specialty finance and multi-asset strategies in a private credit search scheduled to launch this week.