Wednesday, June 12, 2024

Macro fundraises show appetite persists in 2024

Last year’s global macro returns were muted compared to 2022, but some high-profile fundraises show LPs are still committing to the strategy in a higher rate environment.

Diego Megia, who has managed money for Citadel and Millennium, is launching macro fund Taula Capital this year with billions of reported backing from the latter. Launch assets are expected to surpass $4bn, making it one of the biggest new hedge funds in 2024.

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