DG Value Adds 23.7% In 2020, Plans New SPAC FundRupert Hargreaves
Dov Gertzulin's DG Value Funds returned approximately 19.2% in the quarter ending December 31, 2020, according to a copy of the hedge fund's full-year 2020 letter to investors, a copy of which ValueWalk has been able to review.
Following the fourth-quarter performance, DG's flagship value strategy ended 2020 with a positive return of 23.7%. That was compared to 18.4% for the S&P 500 index and 8.8% for the HFRI Event-Driven (Total) Index.
Commenting on the firm's performance in 2020, Gertzulin noted in his year-end letter that . . .
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