Whale Rock rebounds sharply in May

Whale Rock Slashes Losses With Double-Digit May Gains

The tech-focused firm, led by Alex Sacerdote, halved losses in two hedge fund share classes and generated double-digit returns in its long-only strategies. Its flagship hybrid fund — which invests in both public and private companies — gained 8.7 percent last month, cutting its year-to-date loss to 8.7 percent, according to two people familiar with the results. A share class focused solely on public equities jumped 12 percent, reducing its 2025 …

Whale Rock rebounds sharply in May

Tech-focused hedge fund Whale Rock Capital significantly trimmed losses in May, with its flagship hybrid fund gaining 8.7%, halving its year-to-date decline to 8.7%, according to a report by Institutional Investor citing sources familiar with the matter. A public-equity-only share class surged 12% in May, reducing its 2025 loss to 12%. Meanwhile, Whale Rock’s long-only strategies outperformed, with its public-and-private fund up 15.2% for the mo…