fund de hedgé — est. 2026 — accepting commitments

Downside managed,
upside pursued. 

Fund de Hedgé is a global hedge fund built on a single mandate: capture asymmetric opportunities while treating capital preservation as non-negotiable. We combine long/short equity, macro, and derivatives overlays to pursue absolute returns across market regimes.

mandateabsolute return
structuremaster-feeder
domicilecayman / delaware
investorsqualified purchasers

Risk is not the opposite of return. It is what protects it.

[ 01 / approach ]

"We are hedged first, and directional second."

Fund de Hedgé was built on a simple premise: most funds are sold on their best quarter, and ours is built to survive the worst one. As a newly launched manager, we are not asking allocators to take a track record on faith — we are asking them to judge the construction of the book itself.

Every position is sized against its downside before its upside is ever discussed. We run a concentrated core of high-conviction ideas, hedged with liquid instruments chosen specifically to offset the risks we did not intend to take — because unintended risk, not the market, is what erodes capital over time.

01

Capital preservation

Downside is underwritten before any position is sized or entered.

02

Asymmetric positioning

Conviction concentrated where reward-to-risk is structurally favorable.

03

Independent risk desk

Risk limits set apart from, and enforced against, the trading book.

04

Direct lp access

A small fund means direct contact with the people managing your capital.

Four strategies, one risk discipline.

[ 02 / strategy ]
core book

Long / Short Equity

Fundamental positions paired against correlated shorts to isolate stock-specific conviction.

core book

Global Macro

Rates, fx, and commodities positioning built around structural regime shifts.

overlay

Systematic Quant

Rules-based signals used to hedge tail risk and diversify the discretionary core.

satellite

Event-Driven & Credit

Catalyst-based situations in equities and credit with defined, dated outcomes.

instruments equities rates & fx commodities credit listed options index futures

The discipline behind the mandate.

[ 03 / discipline ]
≤ 8%
target max drawdown, trailing 12 months
0.3–0.6
target net beta to broad equities
15–25
core positions, concentrated by design
daily
independent risk desk mark and limit check

targets, not guarantees — figures above describe portfolio construction intent, not historical or projected performance. fund de hedgé is newly launched and has no performance track record to report. any future performance data will be presented net of fees to eligible investors upon request.

A private circle for our investors.

[ 04 / club de millionaré ]

launching soon — lp invitation only

club de millionaré

a members' circle reserved for fund de hedgé investors — closed-door desk briefings, a private allocator network, and priority capacity on new strategies.

preview the club
01closed-door desk briefings
02member-only allocator network
03priority capacity on new strategies

Latest insights

[ 05 / insights ]
01

Sample update title — replace with your first investor letter

quarterly letterperformance

A short summary goes here — two to three sentences on positioning, what drove results, and where the book stands today.

— · 2026
02

Sample update title — replace with your first macro note

macrorates & fx

A short summary goes here — two to three sentences on the thesis, the catalyst, and the horizon over which it should play out.

— · 2026
03

Sample update title — replace with your first positioning note

portfoliorisk

A short summary goes here — two to three sentences on a change in exposure, a hedge added, or a position closed.

— · 2026
this section is structured to scale — swap in real letters, notes, tags, and dates as they're published. investor letters are typically gated behind an lp login rather than posted publicly.

Fund de Hedgé is open to qualified investors.

[ 06 / access ]

"Capacity is limited by design, not by demand."

We keep the fund small enough that every allocator has a direct line to the people managing their capital. To request the data room, subscription documents, or a call with the team, reach out below.

minimum commitmentavailable on request
liquidityquarterly, with lock-up
eligibilityqualified purchasers only
contactir@funddehedge.com
research de capitalé — our research house
← fund de hedgé

our affiliated research house — est. 2026

research de capitalé 

"depth of analysis, not depth of noise."

an independent research house producing investment and corporate finance analysis for investors, venture capital firms, and hedge funds — including the desk at fund de hedgé. built on rigor rather than volume, and reach rather than borders.

focusfinance
reachglobal
primary marketsus / uk / fr
clientsinvestors · vc · hedge funds

Research built to be relied on, not just read.

[ 01 / about ]

"we would rather publish less, and be right for longer."

01

Primary analysis

Original modeling and source work before any conclusion is drafted.

02

Independence

No underwriting relationships or trading desk to answer to.

03

Global lens

Coverage spanning major capital markets, not a single region.

04

Direct access

A small firm means direct contact with the people who wrote the work.

Coverage across finance, wherever capital moves.

[ 02 / coverage ]
practice
corporate finance investment research capital markets valuation & diligence
markets
united states united kingdom france continental europe middle east asia-pacific

The full archive lives at researchdecapitale.com

Published notes, sector coverage, and the complete body of work are hosted on the firm's own site — this page is a reference point for fund de hedgé's investors.

s
strategies: 4 status: accepting commitments domicile: ky / de
utc --:--:-- updated 2026