Key Takeaways
- • Taula Capital nearly doubled average employee compensation to £959,000 in 2025, according to accounts filed by Taula Capital Holdings and reported by eFinancialCareers.
- • The macro hedge fund reported 2025 revenues of £92.3m and profits of £4.8m, annualised increases of 152% and 40% respectively.
- • Average headcount rose by 19 to 73 employees, and the firm spent £1.2m on recruitment and staff development.
- • Assets under management reached approximately $8.5bn in March 2026 following a $1.75bn capital raise, with Millennium Management having provided around $3bn of the initial $5bn in capital.
- • Taula was down more than 9% by late September 2026 amid volatile macroeconomic conditions; October results have not been disclosed.
Summary
Macro hedge fund Taula Capital nearly doubled average employee compensation to £959,000 in 2025 as revenues and profits grew, according to a report by eFinancialCareers. The figures come from accounts filed by Taula Capital Holdings for the year ending December 2025, which showed revenues of £92.3m and profits of £4.8m. These represent annualised increases of 152% and 40%, respectively.
Average headcount rose by 19 to 73 employees over the period, and the firm spent £1.2m on recruitment and staff development. The accounts indicate that the pay increase accompanied rapid growth in the firm's revenue base during its early years of operation.
Taula was founded in 2023 by Diego Megia, a former Millennium Management portfolio manager, and began trading in mid-2024 with a discretionary global macro strategy. Its senior investment team includes several former Millennium executives, notably deputy chief investment officer Stefan Ericsson. The firm has attracted substantial institutional backing, with assets under management reaching approximately $8.5bn in March 2026 following a $1.75bn capital raise. Earlier reports indicated that Millennium provided around $3bn of Taula's initial $5bn in capital.
Performance has deteriorated in 2026 amid volatile macroeconomic conditions, according to the report. Taula was down more than 9% by late September, although its October results have not been disclosed. The report notes that the firm has subsequently suffered significant investment losses, despite the strong 2025 financial results.
Average headcount rose by 19 to 73 employees over the period, and the firm spent £1.2m on recruitment and staff development. The accounts indicate that the pay increase accompanied rapid growth in the firm's revenue base during its early years of operation.
Taula was founded in 2023 by Diego Megia, a former Millennium Management portfolio manager, and began trading in mid-2024 with a discretionary global macro strategy. Its senior investment team includes several former Millennium executives, notably deputy chief investment officer Stefan Ericsson. The firm has attracted substantial institutional backing, with assets under management reaching approximately $8.5bn in March 2026 following a $1.75bn capital raise. Earlier reports indicated that Millennium provided around $3bn of Taula's initial $5bn in capital.
Performance has deteriorated in 2026 amid volatile macroeconomic conditions, according to the report. Taula was down more than 9% by late September, although its October results have not been disclosed. The report notes that the firm has subsequently suffered significant investment losses, despite the strong 2025 financial results.
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