DE Shaw’s $60bn hedge fund platform saw a sharp late-month rebound in July, with its macro-focused Oculus fund surging 4.6% in the final week to finish the up 4.4% for the month, according to a report by Bloomberg citing an investor letter.
The rally more than doubled Oculus’s year-to-date return to 9.6%.
The firm’s flagship multi-strategy Composite fund also made all of its July gains in the last week, rising 1.5% for the month and bringing 2025 performance to 9.3%. DE Shaw declined to comment on the drivers behind the late turnaround.
The rebound came in an otherwise mixed month for hedge funds. Melqart led July performers with a 7.4% gain, bringing its YTD return to 21.8%, followed by Arini (+3.3% in July, +13.5% YTD) and Rokos (+1.4%, +13.7% YTD). By contrast, Brevan Howard’s Master fund fell 1.8% in July to sit 2.4% lower on the year.
$2bn tech-focused hedge fund SoMa Equity Partners to shutter
San Francisco-based hedge fund SoMa Equity Partners is winding down after returning capital to investors, bringing the curtain down on a…
More
Arcana hires former Goldman Sachs exec to Lead EMEA expansion
Portfolio intelligence provider Arcana has appointed former Goldman Sachs executive Rhys Williams as head of EMEA, as the technology firm…
More
ExodusPoint adds Pictet trader to London equities team
Multi-strategy hedge fund major ExodusPoint Capital Management has strengthened its London equities operation with the appointment of Jade…
More
