Key Takeaways
- • Viridian Asset Management, founded by former Segantii Capital Management portfolio manager Pascal Guttieres, has grown assets under management to $680 million following new client acquisition.
- • The Hong Kong-based hedge fund returned 2.65% in July 2026, with approximately 75% of gains derived from equity capital markets trades during the market selloff period.
- • Viridian's convertible bond strategy posted its strongest monthly performance to date, generating profits from both new issuances and secondary market trading.
- • Year-to-date performance through July 2026 reached 3.8%, demonstrating consistent positive returns across volatile market conditions.
Summary
Viridian Asset Management, a hedge fund established by Pascal Guttieres following his tenure at Segantii Capital Management, has expanded its asset base to $680 million, according to an investor update released in August 2026. The firm's growth was driven by the addition of a new institutional client alongside strong July performance during a period of broader equity market volatility.
The fund generated a 2.65% return in July, with equity capital markets trades accounting for approximately 75% of monthly gains. This strategy proved particularly effective during the market selloff, positioning the firm to capitalize on dislocations and trading opportunities across equity-linked securities. The convertible bond strategy, a core component of Viridian's investment approach, delivered record monthly results, capturing value from both newly issued convertible securities and secondary market activity.
Year-to-date returns through July reached 3.8%, reflecting consistent positive performance across multiple market environments and strategies. The combination of new capital inflows and positive absolute returns demonstrates institutional confidence in Guttieres' investment approach and execution capability, particularly given his track record at Segantii Capital Management. The timing of these gains during a broader equity market decline underscores the value of tactical, event-driven strategies within a diversified hedge fund portfolio.
The fund generated a 2.65% return in July, with equity capital markets trades accounting for approximately 75% of monthly gains. This strategy proved particularly effective during the market selloff, positioning the firm to capitalize on dislocations and trading opportunities across equity-linked securities. The convertible bond strategy, a core component of Viridian's investment approach, delivered record monthly results, capturing value from both newly issued convertible securities and secondary market activity.
Year-to-date returns through July reached 3.8%, reflecting consistent positive performance across multiple market environments and strategies. The combination of new capital inflows and positive absolute returns demonstrates institutional confidence in Guttieres' investment approach and execution capability, particularly given his track record at Segantii Capital Management. The timing of these gains during a broader equity market decline underscores the value of tactical, event-driven strategies within a diversified hedge fund portfolio.
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