Forada, the London-based macro hedge fund, is shutting the door on new capital flowing into its double-leveraged strategy after the fund crossed the $1 billion mark in assets. The soft close comes barely six months after the strategy launched at the start of 2026.
The fund applies twice the leverage of Forada’s original single-levered macro strategy. In English: for every dollar of actual capital, the fund takes on two dollars’ worth of market exposure, amplifying both gains and losses.
How Forada got to $1 billion this fast
According to Bloomberg, the majority of inflows into Forada’s leveraged fund came from entirely new investors. That’s a meaningful signal. It suggests the strategy attracted a fresh pool of institutional capital rather than simply cannibalizing the firm’s existing base.
Many investors already allocated to Forada’s original single-levered fund shifted their capital into the new, juiced-up version.
