Hedge Weekly: Alken Capital Still On Top As Private Credit Delivers

This week’s Hedge Fund Weekly didn’t bring many changes compared to last issue. Alken Capital, with 45.44% YTD gains, is still firmly the best-performing hedge fund, followed by Penta Japan Value Fund with 36.81% YTD returns. The only change is the return of the Strategic European Equity Long Short Fund from Wellington, which pushed to third place with 27.32% YTD gains.

Top 10 Performers

1. Alken Capital Class J: 45.44% YTD Returns

Alken Capital and its private debt-oriented fund are performing strongly in the last five-year period while primarily targeting the European market. It invests in a highly concentrated portfolio combining long and short positions with moderate use of leverage.