Key Square Capital Management
Key Square Capital Management is a macro hedge fund founded by ex-Soros Fund Management Chief Investment Officer, Scott Bessent. Launched in 2015, the hedge fund employs a global macro strategy that focuses on big-picture economic trends and events, and how they impact various asset classes.
ABOUT KEY SQUARE
Key Square Capital Management was the largest hedge fund launch of 2016 and, at that time, the third-largest hedge fund launch ever.
Bessent founded Key Square with Michael Germino, who had been the Global Head of Capital Markets at SFM.
Key Square received a $2 billion anchor investment from George Soros. By the end of its first quarter of operation, Key Square was managing $4.5 billion from a close-knit group of trusted investors.
ABOUT THE FOUNDER
Scott Bessent is a prominent investor and widely acknowledged to be one of the world’s most highly respected macro hedge fund managers.
Throughout his career, Bessent helped orchestrate some of the most legendary bets in market history.
He was a pivotal figure on the George Soros team who helped the Quantum Fund make $1 billion, shorting sterling ahead of the UK's withdrawal from the ERM.
As Soros’s CIO, he was also dubbed as ‘The Man Who Broke the Bank of Japan’ by the Wall Street Journal, making approximately $3.5 billion on the Abenomics trade from 2012-2015.