Noster Capital, led by Pedro de Noronha, won the best Emerging Manager - Smaller Fund Equity Strategy award at the 2024 EuroHedge Awards. In the interview after the win, Noronha pointed out the difficulties for European hedge funds, especially after the Global Financial Crisis (GFC).
Drawing capital as a small player has been a daunting task, while private investors have been avoiding hedge funds since 2008 and the Madoff scandal. However, Noronha is feeling the change in the tide, and that their passion for investing was one of the key reasons for the achieved outperformance.
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Also, the unique approach that Noster Capital fosters is something that is attracting investors. While they are...
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