When it comes to raising a new fund, sometimes marketing can be one of the most difficult tasks, but one hedge fund team discovered a way to raise money without doing any marketing at all.
In an interview with Hedge Fund Alpha, Gabriel Sammut and Matteo Muscat of Bilbel Capital shared everything from their investing strategy to how the former family office opened to outside investors without spending a dime on signing new investors.
What’s in a name?
Bilbel Capital has been a family fund for the last three-and-a-half years, but it will be opening up to outside accredited investors in October 2025. Between February 2, 2022 and July 31, 2025, the family office has returned 1,984.74%, although Sammut emphasized that those types of returns won’t be sustainable going forward because returns depend on how much money is under management.
Also see: Armed with AI and Social Media, Retail Investors Are Confounding Some Institutional Investors
Bilbel Capital got its name from Sammut’s great-grandfather, whose nickname was Bilbel. During his life, his family was the only family living on a road with one farm in Qawra, Malta. As more farms started being built on that road, it came to be called Bilbel Street, and that’s where the entire Bilbel family started and continues to live today. Sammut and Muscat are both part of the Bilbel family.




