Alpaca Expands Into Prime Brokerage Services
Brokerage infrastructure startup Alpaca is expanding into prime brokerage services for hedge funds, backed by a $435 million funding package.

Brokerage infrastructure startup Alpaca is expanding into prime brokerage services for hedge funds, backed by a $435 million funding package.

Donald Trump claims inflation can reduce the $40 trillion US national debt, while data reveals the Cayman Islands as a massive, often overlooked, buyer of American Treasury securities.

Hedge funds now control 7% of tradable US Treasurys, with $2 trillion in holdings, raising concerns among regulators about the risks of highly leveraged basis trades.

Chinese quantitative hedge funds are maintaining their focus on AI and semiconductor stocks despite an average 17% loss in July 2026.

The US Treasury basis trade has contracted to its smallest size in over two years, with hedge funds unwinding over $200 billion in leveraged positions.

Hedge funds have unwound over $200 billion in Treasury basis trade positions as narrowing spreads make the once-popular leveraged strategy less profitable.

The New York Fed is investigating risks as hedge funds hold $2 trillion in US Treasurys, replacing pension funds and raising concerns about potential market volatility.

The Abu Dhabi Investment Authority has increased its target allocations for private equity and hedge funds in its 2025 annual review, signaling a shift toward alternative assets.

Hedge funds are betting on a stronger Japanese yen, raising concerns about the potential unwinding of carry trades that could impact Bitcoin and other risk assets.

Millennium Management has grown from a $35 million startup into a firm managing $92 billion in assets, and is now seeking $20 billion in new capital.

Point72 Asset Management plans to double its headcount and capital allocation in Japan to capitalize on the evolving Tokyo market.