Tiger Fund Matrix Capital Up 8.3% In Q2 As Probable Mobileye Short DetractsRupert Hargreaves
Matrix Capital, the hedge fund started by “Tiger Cub” David Goel, returned 8.3% net in the second quarter of 2016, outperforming the S&P 500 index which returned 2.5% over the same period. To the end of June Matrix returned -2.3% net, according to the fund's second quarter letter to investors, a copy of which has been reviewed by ValueWalk.
Matrix’s underperformance this year is a blemish on the firm’s highly impressive record.
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