Chris Rokos and his fellow partners at Rokos Capital Management paid themselves £445m ($563m) for the year ended March 2023, after the macro hedge fund produced its best ever gains in 2022, according to a report by Bloomberg.
The report cites a filing with the UK’s Companies House as revealing that the firm’s macro fund scored a 51% gain over the course of 2022, boosting the firm’s revenue to £643m for the year ended March 2023, up from about £120m, in the previous year.
According to the filing, the profit paid to the member with the largest entitlement was almost £27m.
The performance marked a return to profit for the London-based firm which suffered losses in 2021 when performance slumped by 26% on the back of wild bond market swings.
Last year, Rokos registered a full year gain of 8.8% after recovering from early year losses. According to reports, the firm is currently in dialogue with investors over boosting assets by as much as $2bn.