2025 Winners

A huge congratulations to all the winners.

The spectacular awards ceremony took place on 25 November at the iconic Victoria & Albert Museum in London, where we celebrated the European hedge fund industry's star performers, across a range of diverse categories.

2025 Winners
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Alternative markets fund

John Street Capital
John Street Horizon Fund

Alternative risk premia

Fondsmæglerselskabet SRV Capital
SRV – Fixed Income akk. KL. A

Commodities fund

Svelland Capital
Svelland Global Trading Fund

Credit - distressed over $500m

VR Capital Group
VR Global Offshore Fund

Credit - distressed up to $500m

Sandglass Capital Advisors
Sandglass Opportuity Fund

Credit - relative value over $500m

Serone Capital Management
Serone Key Opportunities Fund

Credit long/short - over $500m

Sona Asset Management
Sona Credit Master Fund

Credit long/short - up to $500m

Copper Street Capital
Copper Street Capital Fund

Credit long-term performance (5 years)

Sona Asset Management
Sona Credit Master Fund

Digital assets fund

M1 Capital
M1-A1 Fund

Emerging market debt

Enko Capital
Enko Africa Debt Fund

Emerging market equity

RAM Active Investments

RAM Emerging Markets Equities

ESG fund

Portland Hill Asset Management
Portland Hill SICAV Catalyst Driven Fund

European equity

ActusRayPartners 
ActusRayPartners European Alpha Fund

European equity long-term performance (5 years)

Lancaster Investment Management
Lancaster European LS Equity

Event-driven over $500m

Sona Asset Management
Sona Credit Master Fund

Event-driven up to $500m

Sandglass Capital Advisors
Sandglass Opportunity Fund

Fund of hedge funds

Arbion
ARAS

Fund of hedge funds long-term performance (5 years)

Arbion
ARAS

Fund of hedge funds specialist

NS Partners
Long/Short Selection - Lynx Class DPM 

Global equity

Belgrave Capital Management
Vitruvius Growth Opportunities

Global equity long-term performance (5 years)

Alma Capital
Alma Electron Global Fund

Global Macro over $500m

Trium Capital
Trium Larissa Global Macro Fund

Global Macro up to $500m

Noster Capital Management
Noster Capital Fund

Macro long-term performance (5 years) over $500m

Trium Capital
Trium Larissa Global Macro Fund

Macro long-term performance (5 years) up to $500m

Noster Capital Management
Noster Capital Fund

Managed futures (CTA) long-term performance (5 years) - over $1bn

Capital Fund Management (CFM)
CFM Discus Program

Managed futures (CTA) long-term performance (5 years) - up to $1bn

John Street Capital
John Street Horizon Fund

Managed futures (CTA) over $1bn

Capital Fund Management
CFM Discus Program

Managed futures (CTA) up to $1bn

Lynx Asset Management
The Lynx Constellation Program

Market-neutral

ActusRayPartners 
ActusRayPartners European Alpha Fund

Multi-strategy over $1bn

Capital Fund Management
CFM Stratus Program

Multi-strategy up to $1bn

Chenavari Investment Managers
Chenavari CORE Opportunities Fund

Newcomer - credit

Man Group
Man Emerging Markets Corporate Credit Alternative

Newcomer - equity

Envestra Capital
Envestra Capital Equity Long/Short Strategy

Newcomer - managed futures/macro

Takahe Capital
Takahe Global Quantitative Fund

Quantitative strategy over $1bn

Capital Fund Management

Quantitative strategy up to $1bn

Stouff Capital
Urizen

UCITS - credit

Castellain Capital
Castellain Emerging Market Credit Fund

UCITS - diversified

Sanso Longchamp Asset Management
Sanso MultiStrategies

UCITS - equity

Belgrave Capital Management 
Vitruvius Japanese Equity

UCITS - macro

BlueBalance Capital
BlueBalance Global Opportunities

UCITS - managed futures

Nomura Alternative Investment Management
Nomura Cross Asset Momentum UCITS Fund

Volatility fund

Fucius Capital

Fucius Volatility Arbitrage

Billion Dollar Fund of the Year

Sona Asset Management

Sona Credit Master Fund

Management Firm of the Year

Qube Research & Technologies
View previous winners