Behind Axon’s Explosive Start to 2021

Here is how Dinakar Singh’s Axon Capital is playing interest rates and the reopening of the economy — and what worries him down the road.

Dinakar Singh (Jin Lee/Bloomberg)

Dinakar Singh

(Jin Lee/Bloomberg)

Dinakar Singh’s Axon Capital has gotten off to its best start in its 16-year history.

The ex-Goldman Sachs Group trader’s main fund surged 35 percent in just the first two months of 2021, according to a person familiar with the firm’s performance. This sharp gain followed a 30 percent return in the fourth quarter as the long-short fund finished last year up 74 percent, its best-ever results, the person said.

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