Hedge fund Arini Capital has continued its strong performance in 2025, with its flagship Master Fund rising 3% in August, bringing year-to-date returns to 17%, according to a report by Financial News citing unnamed sources familiar with the matter.

Founded in 2021 by former Credit Suisse trader Hamza Lemssouguer, Arini focuses on credit markets and now manages $6.5bn in assets across offices in London, New York, and Abu Dhabi. The fund recently expanded its Abu Dhabi office, relocating head of trading Jeysson Abergel to lead the UAE operation.

Arini’s performance has outpaced industry averages this year with data from HFR showing that hedge funds returned 4.9% on average through July 2025.

Other notable performers include former TCI partner Edgar Allen’s High Ground Investment Management, up 25.4% year-to-date following a 5% gain in August, and Singapore-based Dymon Asia, whose multi-strategy fund managing $3.5bn rose 1.75% in August, taking year-to-date returns to 12%. Rob Citrone’s Discovery Capital Management meanwhile, also remains positive, with its Discovery Global Opportunity fund up 18.5% in 2025.