All Content from Business Insider | This hedge fund launched with billions, then cruised under the radar. It has quietly doubled in size. by Alex Morrell
TOPSHOT - The Artemis II crewed lunar mission lifts off from Pad 39B at Kennedy Space Center in Cape Canaveral, Florida, on April 1, 2026. Four astronauts blasted off aboard a massive NASA rocket April 1 on a long-anticipated journey around the Moon, the first crewed lunar flyby in more than 50 years. With an intense roar that reverberated far beyond the launchpad, the enormous orange-and-white rocket carried three Americans and one Canadian away from Florida's Kennedy Space Center at approximately 6:35 pm local time, according to an AFP journalist onsite. "We're going to the Moon!" yelled a spectator. (Photo by Jim WATSON / AFP via Getty Images)Jim WATSON / AFP via Getty Images
Freestone Grove has quietly expanded, doubling its head count since its 2024 launch.Freestone Grove has surpassed Jain Global in AUM, now managing over $6 billion in assets.Freestone returned 11% in its debut year, 8.5% in 2025, and is down 3% through March this year.2024 was a marquee year for hedge fund startups, producing a hefty crop of pedigreed funds, including two of the largest launches ever: Jain Global and Taula Capital, both of which started with $5 billion or more in investor commitments.
The third-largest of that year, Freestone Grove, has cruised under the radar — even as it has doubled in size.
'The anti-pod' hedge fundThe multimanager challengeRead the original article on Business Insider
#finance #hedge-fund-launches #hedge-funds #investing