Hedge fund Taula Capital doubled pay to £959k per head last year (on average)

6 November 2026

2 minute read

Many hedge funds are having a bad year, but some are having a terrible year and Diego Megia's Taula Capital Management is among them.

Taula's performance for October hasn't been disclosed, but in late September the fund was down over 9%. Markets have not been kind in the intervening weeks.

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It was not always thus. Taula Capital Holdings Ltd. just released accounts for the year ending December 2025, and in that year the nascent fund generated £92.3m in revenues and £4.8m in profits, up 152% and 40% respectively on the previous period on an annualised basis.

As revenues and profits rose, Taula Capital Holdings increased its average total headcount from 54 to 73 people. It almost doubled average compensation to £959k. And it spent £1.2m on recruitment and development.

Taula Capital has multiple UK entities, including Taula Capital Holdings Ltd, Taula Capital Management (UK) LLP and Taula Capital Limited.

Taula Capital Management was launched in 2023 and officially began trading in mid-2024. It pursues a discretionary global macro strategy and many of its people, including Megia and deputy CIO Stefan Ericsson are ex-Millennium.

Taula didn't respond to a request to comment for this article. Bloomberg reported in March that Taula had $8.5bn in assets under management after raising $1.75bn from investors. Previous reports suggested that $3bn of the $5bn launch capital came from Millennium.

This week Millennium reportedly withdrew $1.5bn from two external hedge funds - Troluce Capital Advisors and Axebrook capital - that lost money.

Taula declined to comment on its performance.

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