Proxy Renewable Long/Short Energy gained 44 percent through the end of May, propelled by a 14-month rally in the renewable energy investment universe that began in April 2025. As the sector entered a period of consolidation over the summer, one the investment team describes as “both healthy and inevitable,” the long-biased long/short equity fund surrendered some of its earlier gains in June and July. Even so, the fund remains among the ten best-performing Nordic hedge funds this year.
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