LNG Capital: Bucking The Credit Hedge Fund Trend
3 April 2018 Rebecca Hampson
While credit hedge funds had outflows of -$4.7bn last year, however, one hedge fund LNG Capital was up 20.66%. Considering themselves a European credit expert, the firm’s founder Louis Gargour says that being nimble and active is what has made them successful. Gargour initially set up his own fund in 2000 and in 2001 merged with RAB Capital. Within five years the AUM was $7bn and it had over 250 employees having started with seven. However, Gargour was keen to get back to his roots and have a small, boutique shop, working closely with investors, not being constrained by having too…