https://images.fnlondon.com/im-00544617?size=1.5

Ex-Jefferies trader Zeng launching $70m crypto hedge fund

Hedge Funds

Hedge Funds Correspondent

https://images.fnlondon.com/im-00544617?width=1280&size=1.499

A former senior Jefferies trader is kicking off a crypto hedge fund as institutional investor interest in the asset class grows.

Tian Zeng has raised $70m for his crypto hedge fund, which is called Third Eye and will start trading on 1 August, according to people familiar with the matter.

Tian Zeng’s Third Eye will start trading on 1 August

Bilal Jafar

Currencies

Finance

Billionaire John Caudwell: ‘I’ll still build London’s most expensive homes despite UK wealth exodus’

Citi shuts Málaga office it opened to battle banker burnout

A&O Shearman boss Hervé Ekué: ‘My godfather was accused in a failed coup… he inspired me to be a lawyer’

Milbank hires private equity M&A rising star in Germany

https://images.fnlondon.com/im-43406752?size=1.5

Coutts hires ex-JPMorgan banker James Todd as next private client boss

https://images.fnlondon.com/im-95923804?size=1.42

Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

Senior GIC private equity lawyer joins Dechert in London

https://images.fnlondon.com/im-14432569?size=1.5

US law firm hires private equity specialist from key client

Junior bankers at Robert W. Baird say such long hours weren’t unusual for industrials team.

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink

Once an heir apparent for Larry Fink, Wiedman now tops the list of potential successors to PNC chief Bill Demchak.

PNC Names Former BlackRock Star Mark Wiedman as President

The European Union has a plan to counteract the swathe of tariffs U.S. President Trump is planning to impose on foreign goods, European Commission President Ursula von der Leyen said.

EU Has Plan to Retaliate on U.S. Tariffs, Von der Leyen Says

The Japanese investment firm is entwining its fortunes with a company that expects to lose billions of dollars for years to come, in the hope that it will emerge as the leader in AI.

How Is SoftBank Funding Its Mega Investment in OpenAI? A Lot of Debt

The BlackRock CEO says he wants individuals to have better access to the menu of private and illiquid investments that have long been core holdings of pensions, endowments and other institutions.

Larry Fink Says Regular Americans Need Private Assets Too

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