Duet Assets Top US$5 Billion

May 13 2014 | 9:48am ET

Duet Group has joined the US$5 billion club, thanks to the near-doubling of its hedge fund assets over the past year.

Duet Asset Management’s assets rose 86% to £1.4 billion at the end of last year, helping propel Duet Group’s total assets to more than US$5 billion at the end of March, up from US$3 billion a year earlier, Financial News reports.

Duet founder Henry Gabay cited “organic growth” as the driver of the big increase.

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