2025 Winners


EuroHedge Awards 2025 | 5 March 2026
Raffles Hotel in The OWO, London

25 years of recognising and celebrating the elite of the European hedge fund sector


We were excited to be back at Raffles London at the OWO on 5 March to announce the winners of the With Intelligence EuroHedge Awards 2025, marking the 25th edition of the industry’s leading hedge fund awards.

The black-tie ceremony welcomed more than 300 senior leaders from across the European hedge fund sector to recognise the year’s top risk-adjusted performers and celebrate excellence in the industry.



2025 winners



Commodities & Currencies

Noble Capital Management
NCM Enhanced Physical Gold Macro


Credit - over $500m

Selwood Asset Management
Selwood AM Credit Master Fund


Credit - up to $500m

Man Group
Man Financial Credit Opportunities


Digital Assets

M1 Capital
A1 Fund


Discretionary Macro

ARP Global Capital
ARP Public Opportunities Fund


Distressed Debt

VR Advisory Services
VR Global Fund


Emerging Manager - Smaller Fund - Equity Strategies

Bellecapital International
Belle Core Europe Eiger Fund


Emerging Manager - Smaller Fund - Macro, Futures, Fixed Income & Relative Value

Horizon3 Investment Management
Horizon3 Swap Arbitrage


Emerging Markets Debt

Enko Capital Management
Enko Africa Debt Fund


Emerging Markets Equity

Carrhae Capital
Carrhae Capital Master Fund


European Equity - over $500m

Hengistbury Investment Partners
Hengistbury Master Fund


European Equity - up to $500m

Alken Asset Management
Alken Capital One Fund


Event Driven

Kite Lake Capital Management
KL Special Opportunities Fund


Fixed Income

Nykredit Asset Management
Kapitalforeningen Nykredit Mira III


Fund of Hedge Funds - over $1bn

Pictet Alternative Advisors
Mosaic


Fund of Hedge Funds - up to $1bn

FERI
Ferrum Fund Equity Hedge


Fund of the Year - over $1bn

Enko Capital Management
Enko Africa Debt Fund


Fund of the Year - up to $1bn

Noble Capital Management
NCM Enhanced Physical Gold Macro


Global $1bn Plus Manager, Equity Strategies

Citadel
Citadel Tactical Trading


Global $1bn Plus Manager, Fixed income, credit, macro, futures and relative value

Sona Asset Management
Sona Credit Master Fund


Global $1bn Plus Manager, Multi Strategy

Citadel
Citadel Wellington


Global Equity - over $500m

Greenvale Capital
Greenvale Capital Master Fund


Global Equity - up to $500m

NPJ Asset Management
NPJ Global Opportunities Fund


Long Term Performance (5 years) - Equity Strategies

GSA Capital Partners
GSA International Fund


Long Term Performance (5 years) - Macro, Futures, Fixed Income & Relative Value

Sona Asset Management
Sona Credit Master Fund


Long term performance (5 years) - Multi-Strategy

Capital Fund Management
CFM Stratus


Managed Futures - over $500m

DCM Systematic Advisors
DCM Systematic Fund - Diversified Alpha


Managed Futures - up to $500m

Premium Capital Advisors
Premium Precious Metals


Management Firm of the Year

Danske Bank Asset Management


Multi-Strategy - over $500m

Man Group
Man Strategies 1783


Multi-Strategy - up to $500m

Falcon Investment Management
Falcon Multi-Strategy Fund


New Fund of the Year - Equity Strategies

Hunters Moon Capital
Hunters Moon Crescent Master Fund


New Fund of the Year - Macro, Futures, Fixed Income & Relative Value

Takahē Capital
Takahe Global Markets Master Fund


Quant Equity

ActusRayPartners
ActusRayPartners European Alpha Fund


Specialist Equity

Janus Henderson Investors
Janus Henderson Biotechnology Innovation Fund


Specialist Finance

Leadenhall Capital Partners
Leadenhall Value Insurance Linked Investments ILS Fund


UCITS - Equity Strategies

Alken Asset Management
Alken Absolute Return Europe Fund


UCITS - Macro, Futures, Fixed Income & Relative Value

Man Group
Man Dynamic Income Fund


UCITS - Multi-Strategy

Fulcrum Asset Management
Fulcrum Diversified Absolute Return Fund


Volatility & Options

Mint Tower Capital Management
Mint Tower Arbitrage Fund