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![Saemin4655 Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::30758809.png) Saemin Ahn - seldom malice, full commit - Max.ΔV [@Saemin4655](/creator/twitter/Saemin4655) on x 1810 followers
Created: 2025-07-19 12:37:52 UTC

Bobby Jain's hedge fund, Jain Global, raised $5.3bn, the largest launch since 2018, but fell short of its $8bn-$10bn target. In its first year, it gained XXX% returns, trailing Citadel (9.3%) and Millennium (9.9%). Since January, it matched Citadel’s XXX% but lagged Millennium. Launching with seven strategies, Jain faced high costs and non-compete delays. Citigroup’s investment banking fees rose XX% year-on-year, earning $1.25bn, compared to JPMorgan’s $2.5bn in Q2.


XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1946550052509646932/c:line.svg)

**Related Topics**
[banking](/topic/banking)
[investment](/topic/investment)
[$10bn](/topic/$10bn)
[$8bn](/topic/$8bn)
[$53bn](/topic/$53bn)
[hedge fund](/topic/hedge-fund)

[Post Link](https://x.com/Saemin4655/status/1946550052509646932)