2024 was a productive year for the Peregrine Capital funds, with our High Growth and Pure Hedge funds delivering 22.0% and 15.8% net returns, respectively. This performance, one of our strongest in the past decade, is particularly gratifying given the challenges of navigating significant macroeconomic events, including the South African and US elections.
Investor Communications
2026 Semi-Annual Investor Letter
From the US-Iran conflict to the AI capex cycle, our semi-annual letter sets out how the funds were positioned through a demanding first half, and why the market is underestimating the returns on AI investment, and where we see opportunity from here.
- brochure
- 5 min read
- 22 July 2026
Investor Communications
2025 Annual Investor Letter
In this Annual Investor Letter, we reflect on the market forces that shaped performance, the opportunities we captured, and how we are positioning portfolios to continue delivering consistent, resilient returns in an increasingly complex global environment.
- brochure
- 5 min read
- 27 January 2026
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