If you’re making this much money, why are you taking cabs?

BlueCrest Capital has earned 50% gains since the start of the year. This is a remarkably solid return after the company returned outside investor capital four years ago.

The Financial Times says that the firm has capitalized on emerging-market bonds and trading interest rates. A 50% return through November is well ahead of the 9% earned by the average hedge fund in 2019.

Over the first 11 months, hedge funds are averaging returns of 9%, according to HFR. The S&P 500, meanwhile, has gained 28%.

BlueCrest Capital Publicity

BlueCrest Capital doesn’t typically appear in the press very often. The firm didn’t return requests for statements from a variety of press outlets. That said, the news comes at a time that its founder Michael Platt has found himself in the news for the wrong reasons. Last week, a video of Platt in the back of a New York City cab surfaced. In a conversation with the cab driver, Platt bragged about his wealth.

CNBC’s Jim Cramer called the video a perfect campaign ad for Elizabeth Warren. In the video, Platt called himself the “highest earning person in the world of finance.” He also said that he had turned BlueCrest “personal investment vehicle because we made such high returns.”

Platt converted the former hedge fund into a family office in 2015.

Related: Hedge Funds: November 2019 Saw Good Gains, says Preqin