Hedge fund Jain Global’s launch on 1 July 2024 was one of the most hotly anticipated in years. Managing to amass $5.3bn from some of the world’s biggest institutional investors, as well as a team of more than 200, its debut harked back to the glory days of hedge funds, rather than the current era of poor performance and questions about exorbitant fees.

A year later, despite early wobbles and initially patchy performance numbers, the firm shows no signs of slowing down.