History of the Firm

The firm was established in 2002 and has won a number of awards with the Pelagus Capital Fund, including the Hedge Fund Intelligence best fund awards in 2008 and 2009 and the long term performance award in 2012.

Bruno Usai started the fund and has built a team of experienced investment professionals, who focus on significant returns for investors. Each member of the team has an average of fifteen years experience within the Fixed Income relative value trading markets.

Investment Services

Utilizing its proprietary quantitative systems, the firm offers discretionary investment management services to investors, specialising in fixed income, rates and foreign exchange markets.

Our Values

The firm's ethics are rooted in team work, transparency and integrity, risk discipline, respect of governance and regulatory compliance.

Regulatory Details

  • FCA - MIM is authorised and regulated by the Financial Conduct Authority in the UK, registration no 214498
  • NFA - MIM is a registered Commodity Pool Operator (CPO), registration no 0321880

Awards and Recognitions

EuroHedge Awards 2012 - Long Term Performance 5yr.

"Pelagus Capital Fund was the winners of the Long Term Performance awards - which are based on the best risk-adjusted returns by hedge funds over a five-year period.

Pelagus Capital Fund won in the Relative Value and Macro category, emerging victorious from a short list of high quality contenders."

EuroHedge Awards 2009 - fixed income fund of the year 2009

"For the second consecutive year Pelagus Capital Fund won the award for Global Fixed Income at the Eurohedge awards ceremony.

Pelagus Capital, Mako Investment Managers' award-winning $800 million fixed-income relative value fund run by a team led by CIO and co-founder Bruno Usai"

EuroHedge Awards 2008 - fixed income fund of the year 2008

"Pelagus Capital Fund wins the Eurohedge Fixed Income award for 2008. The fixed income relative value strategy is managed by the team at Mako Investment Managers, lead by Bruno Usai."

The objective is to maximize total returns from opportunities presented by the Fixed Income markets