Kyma Capital, the London-based hedge fund founded by former GSO Capital Partners investor Akshay Shah, delivered net returns of around 48% in 2025, driven by a series of successful distressed debt investments, according to a report by Bloomberg.
The report cites unnamed people familiar with the matter as revealing that the performance marked the firm’s strongest annual result since launching in 2019, and significantly outpaced the broader hedge fund industry, which returned an average of 12.5% l...
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