Hamza Lemssouguer, a former star trader at Credit Suisse, notched up a 32% return with his $2.7bn Arini credit master fund in 2023, making it one of the top performing credit strategies, according to a report by Bloomberg.
The report cites an unnamed sources with knowledge of the matter as revealing the gain along with a 26.7% gain for the $544m Arini structured credit equity fund, which Lemssouguer started in May.
According to data from Bloomberg, credit hedge fund returns averaged around 8% last year.
