Stoneworks, the $360 million global macro operation led by
former Goldman and Peloton partner Max Trautman and backed by
Investcorp, is continuing to make excellent progress at a time
when some other macro strategies have faltered.
The Investcorp Stoneworks Global Macro Fund was up by 6.86% in
May to take its annualised net return after 22 months of
trading to over 14% - and was flat in June.
Since inception in August 2007, the fund's cumulative return
stands at some 28% and the strong recent...