{"id":33422,"date":"2025-07-10T04:06:15","date_gmt":"2025-07-10T04:06:15","guid":{"rendered":"https:\/\/financialrush.com\/?p=33422"},"modified":"2025-07-10T04:06:15","modified_gmt":"2025-07-10T04:06:15","slug":"news-powered-hedge-fund-group-hunterbrook-valued-at-100mn","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=33422","title":{"rendered":"News-powered hedge fund group Hunterbrook valued at $100mn"},"content":{"rendered":"<p> \n<\/p>\n<div>\n<p>Stay informed with free updates<\/p>\n<p class=\"article__content-sign-up-topic-description o3-type-body-base\"><span>Simply sign up to the <!-- -->Hedge funds<!-- --> myFT Digest &#8212; delivered directly to your inbox.<\/span><\/p>\n<p><iframe class=\"article__content-sign-up-iframe close\" scrolling=\"no\" id=\"signUpIframe\" data-prev-url=\"\/register\/in-article-sign-up?ft-content-uuid=8531db94-907d-4361-a1d8-a70ec1eef1bb&amp;concept-id=a02ea563-eb16-4e49-af97-a1e3aa351677\"><\/iframe><\/div>\n<div id=\"article-body\">\n<p>Hunterbrook Global has been valued at $100mn after a recent fundraising, as the novel US newsroom-cum-hedge fund revealed to investors that it planned to move into litigation. <\/p>\n<p>The new capital, raised by the parent company that oversees the hedge fund Hunterbrook Capital and the news outlet Hunterbrook Media, has come from investors, including the Ford Foundation and venture capital firm Floating Point, according to a person familiar with the fundraise.<\/p>\n<p><a href=\"https:\/\/www.ft.com\/stream\/da23e1f1-01a9-4ee2-8ad2-d645c8542b2d\" data-trackable=\"link\">Hunterbrook<\/a> was launched in 2023 by investor Nathaniel Brooks Horwitz and writer Sam Koppelman, creating a newsroom that would gather exclusive information and a hedge fund that would trade off it. <\/p>\n<p>The recent fundraise doubled Hunterbrook\u2019s valuation from its 2023 seed round and is separate from the $100mn <a href=\"https:\/\/www.ft.com\/content\/38bc7834-10fe-4510-956b-272daf99ad3b\" data-trackable=\"link\">raised last year<\/a> for the investment fund run by Hunterbrook Capital.<\/p>\n<p>The new funds will be invested in building its newsroom further, according to a person close to the situation. Hunterbrook declined to comment. <\/p>\n<p>Hunterbrook also revealed to investors in a letter that it planned to further exploit its news gathering by launching a litigation business that would partner with law firms on cases enabled by the newsroom\u2019s reporting. The business is being led by led by media lawyer and litigator Joe Slaughter.<\/p>\n<p>The fund, which started trading in April 2024, gets exclusive early access to the newsroom\u2019s potentially market-moving stories, enabling it to trade on the scoops. Meanwhile, profits made from the fund are ploughed back into the newsroom to continue to build its expertise.<\/p>\n<p>Hunterbrook initially envisaged that it would short stocks in instances where its newsroom exposed scandals, but this approach has been sidelined in an \u201cirascible bull market\u201d, according to the investor letter.<\/p>\n<p>The letter also details how Hunterbrook is generating a sizeable portion of its returns by taking long positions in businesses its journalists have investigated and found to be sound. <\/p>\n<p>Hunterbrook\u2019s fund generated a 31 per cent return in the second quarter of 2025 and a 16 per cent return year to date.<\/p>\n<aside aria-labelledby=\"aside-label\" class=\"n-content-recommended--single-story n-content-recommended--inset\" data-component=\"recommended\">\n<p class=\"n-content-recommended__title o3-type-body-highlight\">Recommended<\/p>\n<div class=\"o-teaser o-teaser--article o-teaser--small o-teaser--stacked o-teaser--has-image js-teaser\" data-id=\"1401c36e-dee3-47a0-8e0e-c362ff7bd1dd\">\n<div class=\"o-teaser__image-container js-teaser-image-container\"><a href=\"https:\/\/www.ft.com\/content\/1401c36e-dee3-47a0-8e0e-c362ff7bd1dd\" data-trackable=\"image-link\" data-trackable-context-story-link=\"image-link\" tabindex=\"-1\" aria-hidden=\"true\"><\/p>\n<div class=\"o-teaser__image-placeholder\" style=\"aspect-ratio:2290\/1288\"><\/div>\n<p><\/a><\/div>\n<\/div>\n<\/aside>\n<p>\u201cThis won\u2019t be the norm, though we\u2019ll always aspire to it. But it also wasn\u2019t a normal quarter to achieve these results, either,\u201d the letter says. \u201cThe fund navigated the crash in April, the violent recovery into May, its unlikely continuation to new all-time highs in June, and kaleidoscopic skirmishes with misinformation along the way.\u201d<\/p>\n<p>The fund is closed to new investors but existing partners, including Horwitz and Koppelman, recently added to their holdings, according to the letter.<\/p>\n<p>Hunterbrook\u2019s investments in the period have included Core Scientific, a data centre infrastructure provider that is <a href=\"https:\/\/www.ft.com\/content\/7a304ced-f737-4ecd-959f-b72e45fa9f2f\" data-trackable=\"link\">being acquired by <\/a>CoreWeave for $9bn, as well as Evolv Technologies, Carpenter Technology and Rocket Companies.<\/p>\n<p>The letter also pointed to one \u201cuntradable scoop\u201d: on Saturday June 21, when markets were closed, Hunterbrook Media broke the news that B-2 stealth bombers had launched from an Air Force base in Missouri, indicating the US would imminently join Israel\u2019s bombardment of Iran.<\/p>\n<\/div>\n\n<br \/><a href=\"https:\/\/www.ft.com\/content\/8531db94-907d-4361-a1d8-a70ec1eef1bb\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Stay informed with free updates Simply sign up to the Hedge funds myFT Digest &#8212; delivered directly to&hellip;\n","protected":false},"author":5,"featured_media":33423,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[],"class_list":["post-33422","post","type-post","status-publish","format-standard","has-post-thumbnail","category-us","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/33422","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=33422"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/33422\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/33423"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33422"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33422"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33422"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}