Arini hedge fund down about 26% this year amid European junk bond selloff
Hedgeweek, citing a Bloomberg report, says Arini Capital Management's flagship hedge fund has lost approximately 26% this year as a selloff in Europe's riskiest corporate debt pushed the $21.7bn credit manager toward a more defensive approach. The fund, which managed $7.5bn at the end of July, is on course for its first annual loss since founder Hamza Lemssouguer launched the strategy in 2022. The report says Lemssouguer has reduced new purchases to focus on managing existing positions, and that European triple-C rated corporate bonds face their longest losing streak since 2018.
Why “Unverified”
- Reported by Hedgeweek alone, with no second source or primary confirmation yet
1 independent source group across 1 post · evidence score 48/100. How labels work
What the sources claim
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Arini Capital Management's flagship hedge fund has lost approximately 26% this year.
“flagship hedge fund has lost approximately 26% this year”
Hedgeweek -
The fund is on course for its first annual loss since the strategy launched in 2022.
“is on course for its first annual loss since founder Hamza Lemssouguer launched the strategy in 2022”
Hedgeweek -
The fund managed $7.5bn at the end of July.
“The fund, which managed $7.5bn at the end of July”
Hedgeweek -
Founder Hamza Lemssouguer has reportedly reduced new purchases to focus on managing existing positions.
“has reportedly reduced new purchases to focus on managing existing positions”
Hedgeweek -
European triple-C rated corporate bonds face their longest losing streak since 2018.
“European triple-C rated corporate bonds face their longest losing streak since 2018”
Hedgeweek
Sources
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Summary and claims extracted by AI with prompt analyze-story@5 on 2026-10-29 09:50 UTC. Labels are computed from the sources, not by the model.