Arrowpoint Investment Partners is scaling up its multi-strategy hedge fund platform, adding new trading teams and preparing to raise assets toward a $2.5bn–$3bn target in the second half of the year, according to a report by Bloomberg citing unnamed people familiar with the matter.
The Asia-focused firm, which operates a pod-style structure, has expanded rapidly since its launch and now manages close to $2bn in assets following strong performance and steady inflows from both existing and new investors. The firm has also delivered an estimated 8.3% return in the first five months of the year, helping to support its growth trajectory.
Arrowpoint has recruited 10 additional investment teams that are expected to begin trading later this year, bringing its active roster to around 30 teams. The expansion underscores its continued build-out across equities, fixed income, commodities and quantitative strategies.
The firm, led by former Millennium Asia co-CEO Jonathan Xiong, launched in mid-2024 with $500m and has since attracted backing from major institutional investors including Canada Pension Plan Investment Board, Blackstone and Temasek-linked Seviora Capital.
Arrowpoint’s growth also highlights intensifying competition for trading talent, with established firms and newer entrants alike racing to recruit experienced portfolio managers and build out multi-team structures. The firm now employs roughly 140 staff, with a further 50 expected to join over the course of the year.
While the firm has already surpassed its earlier target of reaching $2bn in assets by year-end, it is reportedly pacing its fundraising in line with hiring capacity to avoid overextension. Its disciplined approach contrasts with some newer multi-strategy platforms that have faced challenges balancing rapid capital inflows with team performance and risk controls.
Performance across Arrowpoint’s major strategies has been broadly positive so far in 2026, contributing to a 12-month gain of around 14% through May and reinforcing investor confidence in the firm’s build-out strategy.
