Funds
DE Shaw’s $60bn hedge fund platform saw a sharp late-month rebound in July, with its macro-focused Oculus fund surging 4.6% in the final week to finish the up 4.4% for the month, according to a report by Bloomberg citing an investor letter.
Systematic hedge funds recovered some ground in the final week of July, offsetting what had been a difficult month for the sector, according to a report by Business Insider citing the latest prime brokerage data from Morgan Stanley and Goldman Sachs.
Lee Ainslie’s Maverick Capital is expanding for the first time in years, launching a semiconductor-focused vehicle and actively raising capital for its hedge funds – moves that mark a rare growth initiative for the $10bn firm founded over three decades ago, according to a report by Bloomberg.
Dan Loeb’s Third Point delivered a strong start to H2 2025, returning 4.5% in July, comfortably outpacing the S&P 500’s 2.2% gain (including dividends), according to a report by Business Insider citing the firm’s latest investor update.
Cinctive Capital Management delivered a 3% return in July, comfortably outperforming both the S&P 500’s 2.17% gain and several larger multi-strategy peers, according to a report by Reuters citing an unnamed source familiar with the performance.
Long-short equity managers outpaced other hedge fund strategies in July, capitalising on record equity market highs, while systematic hedge funds faltered and multistrategy platforms posted mixed results, according to a report by Reuters citing data from Goldman Sachs and other industry sources.
Marshall Wace, the $76.9bn London-based hedge fund manager co-founded by veteran investor Paul Marshall, delivered mixed performance across key strategies in July, according to a report by Reuters citing an unnamed person familiar with the matter.
Greenlight Capital, the long-short equity hedge fund led by veteran manager David Einhorn, has given back all of its 2025 gains following a third consecutive monthly loss, according to a report by Reuters citing an unnamed investor.