Crescat Capital

Crescat Capital 4Q15 Investor Letter

Crescat Capital's investor letter for the fourth quarter ended December 31, 2015.

Dear Investors,

With pockets of weakness being exposed in the financial markets, Crescat’s three strategies have delivered strong performance year to date. Through 11/30/15, our Global Macro Fund was up 15.3% net, Long/Short Fund was up 8.3% net, and Large Cap was up 3.3% net. Emerging market dislocations, including a currency devaluation in China, plunging oil and gas prices, poor stock market breadth, and trouble in the high yield credit market have each contributed to losses for money managers this . . .

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