London-based hedge fund manager Forada is preparing to close a recently launched leveraged macro strategy to new investors after the fund attracted approximately $1bn in assets within months of its launch, according to a report by Bloomberg.
Forada, which manages for investors including ExodusPoint Capital Management, introduced the vehicle at the start of 2026 as a higher-octane version of its flagship strategy, employing roughly double the leverage of the firm’s existing fund structure. The st...
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