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.