Funds
Hedge fund majors Citadel, Balyasny Asset Management, and ExodusPoint all continuing their positive year-to-date performance in September, but trailed broader US equity markets, according to a report by Businesse Insider citing unnamed sources familiar with the managers.
Hedge fund Discovery Capital Management, led by Rob Citrone, has advanced more than 20% so far this year, driven in part by strategic positions in Argentine assets, according to a report by Bloomberg citing unnamed sources familiar with the fund.
Hedge fund redemptions remained relatively stable in September, according to SS&C Technologies’ latest GlobeOp Forward Redemption Indicator, rising slightly to 2.21%, from from 2.03% in August, but still below the 2.72% reported for the same period last year.
Australian hedge fund Totus Capital posted one of its strongest monthly performances recently, driven by a rebound in key holdings after a challenging stretch for its investment book, according to a report by the Financial Review.
Boston-based hedge fund Verdad Advisers is preparing to launch a new Japan-focused equity fund targeting small-cap companies, continuing its strategy of exploiting capital inefficiencies in less-followed stocks, according to a report by Bloomberg.
Soren Gandrud, a former healthcare Portfolio Manager at Millennium and Citadel, is launching his own hedge fund, Jones Hill Capital, with backing from $12bn multi-strategy firm Walleye Capital, according to a report by Business Insider.
Fasanara Capital has now raised $100m in its hybrid One Fasanara (F-ONE) offering, which combines tactical private credit and crypto strategies since its launch in January 2025. The strategy gained 7.9% in the first-half of 2025, according to sources.
Former BlackRock Asia-Pacific credit chief Neeraj Seth is seeking to raise up to $700m for a new credit-focused hedge fund through his recently launched firm, 3R Investment Management, according to a report by Bloomberg.
Hedge funds continued their strong performance in August, returning 2.3% and bringing year-to-date gains to 14.1%, according to the latest monthly Hedge Fund Update report Citco, the e world’s largest hedge fund administrator, managing over $1tn in AUA.
Little Harbor Advisors is launching a multi-manager, short-only hedge fund to capitalise on perceived market vulnerabilities, with a particular focus on financials, real estate, private equity vehicles and solar energy, according to a report by MorningStar.
