A hedge fund firm, which investment bank Goldman Sachs bought a stake in through its Petershill investment vehicle in February, more than doubled its revenue last year, according to accounts filed last month.

Capula Investment Management generated £38.2m (€47.8m) in income for the year to September 30 last year. This was a 115% increase from the £17.8m that it made the previous period, according to documents filed at Companies House in July.