Old Well Labs in the news

Old Well Labs announces a new strategic investment from Capital Allocators, Teamworthy Ventures, and Hammoud Ventures. The oversubscribed fundraising round was led by existing investor Nellore Capital, with participation from TFJ Capital and several other investors with deep experience in the industry. 

"One of that team’s ideas, a big bet on Bausch Health, has lost the firm an estimated $760 million, according to data-provider Old Well Labs."

"Research from Old Well Labs shows that while most Ivies have either kept their allocation steady or reduced their exposure, Harvard has increased its hedge fund exposure over the past 10 years. OWL co-founder Megan White observed that this year, however, the school’s hedge fund exposure is relatively unchanged year-over-year (at 31 percent vs. 32 percent)."

"University of Chicago has implemented a cost-cutting program that includes eliminating staff positions to help shore up its financial position."

"Hedge funds collectively gained at least $1.4 billion on their Abivax positions in July, according to Old Well Labs, which analyzes hedge-fund filings to estimate returns. Five of the 10 best-performing funds Old Well Labs followed in July owned sizable stakes in Abivax at the end of June."

"VAR’s investors have included the philanthropic foundation of Facebook co-founder Dustin Moskovitz, according to regulatory filings reviewed by fund-data tracker Old Well Labs."

"While headcounts at multistrategy funds have exploded in recent years, ExodusPoint reduced its staff slightly since 2022, according to regulatory filings compiled by industry data tracker Old Well Labs. The firm's overall headcount stood at 688 in 2022 and is now roughly 650, the data shows."

"While Ivy League endowments were early and aggressive investors in PE, their public counterparts have been slower to enter the field. The top 10 private university endowments allocated last year an average of 36 per cent of their assets to PE, compared with 25 per cent among 40 major public endowments, according to Old Well Labs, a financial data provider."

"While Bloomberg reports that some global investment banks may be slowing down their French expansion, given a tax increase and shaky domestic politics, buy-side firms continue to build out in the region. Data from regulatory filings compiled by fund tracker Old Well Labs show that Qube's investment staff in the city is now 160, compared with 50 in 2022, while Point72 and Citadel have more than doubled their Parisian trading staffs since 2022."

"Asset managers focused on Japanese investments demonstrated the greatest growth in assets under management for the last fiscal year, with a 19.5 percent increase of around $6 billion on average, according to Old Well Labs."

Old Well Labs today announced a Series A funding round led by Nellore Capital. Notable investors include Ted Seides (Founder of Capital Allocators), Mike and Tom Elnick (Co-Founders of Tegus), Shubham Goel (Founder of Affinity), Brian Bares (Founder of Bares Capital Management), and several other prominent fund managers and endowment CIOs.

"By 2022, tech and growth at times made up more than 70% of Spruce House’s portfolio of disclosed public holdings globally, up from less than 20% as of early 2017, according to Old Well Labs, a data platform that analyzes investors and their holdings."