This French hedge fund is on a growth tear. Defying industry norms is part of its secret sauce.

French hedge fund Capital Fund Management, which fosters an open and academic-inspired culture, is run by a five-member board.Stefania Iemmi; courtesy of Capital Fund ManagementCapital Fund Management has been on a hot streak in recent years, growing amid strong returns.The firm fosters an open, malleable culture that's catnip to PhDs but diverges from many peers.It's not hypersecretive. It doesn't hire armies of PMs. And it isn't fixated on winning at all costs.In recent years, multistrategy he