Baran Kayhan

Izmir-born, Toronto-based, CFA charterholder, hedge fund manager — Baran Kayhan is the rare USIC competitor where the public bio reads like an institutional pitch deck before you get to the audit numbers. He runs Euclid Technologies as a Toronto-based hedge fund, and his 2025 USIC entry sat in the $20K-$1M Enhanced Growth division, where he posted +91.1% on the full year (and reached +135.1% intra-year). For 2026 he promoted up into the MMVR $1M+ Enhanced Growth tier and is sitting 2nd at +52.3% Q1, behind the Icewater Capital entity (+76.8%) and ahead of Vikash Raniga (+36.4%).

Enhanced Growth allows futures and long options on top of the Stock Division ruleset — the same setup Tito Adhikary used for his +2,115.1% 2025 record. Kayhan's two-year tier-jump (from a +91% smaller-account audit to a +52.3% Q1 on the $1M+ tier) is a textbook case of the USIC career-ladder positioning: prove the methodology at the smaller account size, then scale into the institutional tier.

The CFA + named-firm signal is unusual on the EG leaderboard, which skews toward independent discretionary operators. He has no surfaced X / LinkedIn / personal site under his name, which means outreach routes through USIC's organizer channel or directly through Euclid Technologies.