Funds
The Iran conflict has sent crude prices surging, split hedge fund performance and reignited the debate over commodities as a strategic allocation. Hedgeweek examines what the disruption means for the sector.
Several commodities-focused hedge funds, including RCMA Capital’s Merchant Commodity Fund posted strong returns last week as market turbulence linked to the Iran conflict created trading opportunities, even as larger multi-strategy firms faced losses, according to a report by Bloomberg.
QuantumStreet AI (QuantumStreet), a provider of AI-driven investment solutions, has launched a new Long-Short Global Equity strategy, designed to provide institutional investors with enhanced global equity exposure and improved risk-return characteristics.
Caxton Associates has suffered significant losses in recent trading as markets reeled from heightened geopolitical tensions in the Middle East, according to a report in the Financial Times, with the firm’s $9bn macro fund declining about 7% last week.
Braidwell delivered strong performance in 2025, with its flagship hedge fund posting a 28% gross return as the firm increased its focus on artificial intelligence applications across the healthcare sector, according to a report by Bloomberg.
Pierre Andurand’s hedge fund, Andurand Commodities Discretionary Enhanced, posted a 6% gain last week, benefiting from extreme swings in the oil market triggered by the ongoing conflict in Iran, according to a report by Bloomberg citing unnamed sources familiar with the matter.
DE Shaw & Co stood out as one of the few multi-strategy firms to post gains last week, as market turbulence, driven by the escalating conflict in Iran, hit many of the world’s largest hedge funds hard, according to a report by Bloomberg.
Several of the world’s largest hedge funds, including Coatue Management and Citadel posted losses last week as heightened volatility linked to the Iran conflict triggered sharp moves across global markets, according to a report by Bloomberg.
New York-based hedge fund Taproot Management, founded by David Lin and ex-Two Sigma executive Jason Beverage, has posted losses since its launch last summer, as it attempts to deliver multistrategy-style returns without a traditional PM structure, according to a report by Business Insider.
A former portfolio manager at Citadel has launched hedge fund NovaCore Capital after securing more than $250m in initial investor commitments from several investors, including Squarepoint Capital and Lighthouse Investment Partners, according to a report by Bloomberg.
