Davide Erro's Turiya Capital rises to $300m in assets


Davide Erro's Turiya fund, launched on 1 April, has doubled assets in just over a month to reach $300 million in assets under management.

Davide Erro

Turiya Capital, a fundamentally driven global long/short equity fund, was started with an initial capital of $150 million. Its investor base is a mix of clients from Erro's former Gandhara fund and new investors, mostly coming from Europe and the US, according to Turiya COO Jeff Levy.

The fund, managed by Erro, has weathered the current difficult financial market conditions reasonably well, returning -2.7% in May and 0.3% in