Former DKR Oasis man Barun Agarwal’s multi-strat vehicle, the Factorial Master Fund, is understood to have delivered a double-digit performance in the rather turbulent first half of 2012.
Between January and June, the fund, which focuses on bottom-up investing across equities, fixed-income and volatility products while hedging macro risks, delivered a 10.09% return. It was up over 1% each month.
The fund, which launched on 18 January, is attracting keen interest from a diverse group of investors, including high-net-worth individuals, family offices, funds of funds and institutional allocators.
Factorial launched amid a general market malaise and