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Axon Capital’s Interest-Rate Call Pays Off

The hedge fund founded by Goldman alum Dinakar Singh is up by double-digits through May.

In early 2021, Dinakar Singh, the founder of Axon Capital, warned investors in a client letter that interest rates would be rising, “and massively.”“We think sharply rising rates is both an opportunity and a risk,” Axon said in the letter, obtained by Institutional Investor at the time. “Ultimately, it is

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