Credit Funds Arini, Mudrick, and King Street Navigate Macro Trends to Post Gains in 2023

A number of well-known hedge funds generated double-digit jumps.


Illustration by II

Credit hedge funds enjoyed what Gapstow Capital Partners deemed “reasonably strong performance” in 2023.

The Gapstow Alt Credit Hedge Fund Composite Index finished the year up 8.6 percent after tacking on an additional 2.1 percent gain in the fourth quarter. All 16 alternative credit strategy peer groups were in the black, with each gaining at least 6.7

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