Hedge Funds

Jain Global UK entity turns over £57m as hedge fund ramps up after launch

Bobby Jain’s new firm made millions as it got off the ground, according to accounts

Former Millennium co-CIO Jain scored one of the biggest debuts in history last year. Results for his UK company now reveal its early financials
Former Millennium co-CIO Jain scored one of the biggest debuts in history last year. Results for his UK company now reveal its early financials

Jain Global has revealed how much its UK entity made in early trading, as the hedge fund continues to ramp up its ambitions.

The New York-headquartered Jain Global, established by former Millennium co-CIO Bobby Jain, started trading on 1 July 2024. The hedge fund raised $5.3bn in capital for the launch, the biggest debut since the $8bn launch of Michael Gelband’s ExodusPoint in 2018.

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