Finance
Hedge Fund Arrowpoint Grows to $1.1 Billion After November Gain
- November’s 3% return came as US election uncertainty faded
- Company expects as much as $400 million more capital by June
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Multistrategy hedge fund startup Arrowpoint Investment Partners has increased assets under management to $1.1 billion after a 3% return in November, the best monthly result since it started trading in July, according to a person with knowledge of the matter.
The firm, which began with $500 million, is expecting as much as $400 million of additional capital in the first half of 2025, the person said, asking not to be identified discussing private information. Chief Operating Officer Andrew Freyre-Sanders declined to comment.