Raging Capital Finding Alpha In Short Exposure; Shorts Valeant And Lending ClubMark Melin
When looking at Raging Capital’s second quarter letter to investors – and reviewing their background – one gets the sense they are different.
With the S&P 500 up near 3.8% as of the July 14 investor letter, Raging Capital Fund (QP) Series B was up 14% year to date. But its more than beating the S&P 500 or even the HFR Hedge Fund Index – down -3.9% over the same period. Raging Capital’s Rocky Hill, New Jersey-based Chairman and Chief . . .
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