Bobby Jain’s Jain Global has reported strong early results from its UK operation, with the London entity – Jain Global UK Partners – posting revenue of £56.8m between September 2023 and December 2024, according to a reports.
After administering £50m in costs, including £34m in salaries across an average of 28 staff, the division delivered a £6 million profit.
Launched on 1 July 2024 with an initial capital raise of $5.3bn – making it the largest hedge fund debut since ExodusPoint’s $8bn launch in 2018 – Jain Global has quickly established its UK presence.
The firm has operations in New York, Houston, London, Singapore, and Hong Kong, with its global headcount doubling to around 300 employees since May 2024.
