
2019 was a solid year for the Peregrine Capital funds, with our flagship High Growth Fund and Pure Hedge Fund ending the year up 13.5% and 13.4% respectively. We were pleased that both funds outperformed their peers, and relevant market indices by a healthy margin during the year, while generating a 10% real return.

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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