Hedge Fund and Insider Trading News: Crispin Odey, Bill Miller, York Capital Management, Archegos Capital Management, Fulcrum Asset Management, Neuropace Inc (NPCE), U.S. Bancorp (USB), and More
York Capital Management (York), a global private investment firm, and Kennedy Lewis Investment Management (Kennedy Lewis), an opportunistic credit manager, have formed a strategic partnership to form a new entity to be called Generate Advisors. Under the partnership agreement, York’s approximately USD4 billion Collateral Loan Obligation (CLO) business and team, led by Rizwan Akhter, will transition to Generate Advisors and continue to manage York’s current CLO portfolio as well as any future CLOs issued by Generate Advisors. Kennedy Lewis will be investing in Generate Advisors and has committed at least USD200 million of capital to be invested in the equity of Generate Advisors’ future CLOs.