Partners Group was up 4.6% for November, bringing its fourth-quarter return to more than 3% for the first two months of the quarter. For the first 11 months of 2020, the firm was up by about 10% for each of its two classes. The fund size is $6.7 billion....
ADW Capital had an incredible 2020 with a 119.2% net return for the full year. At a time when most other funds have struggled with relatively low returns, ADW posted double-digit returns in several months of 2020. In December, the fund returned 19.91%, while in November, it posted a...
Clint Carlson's Black Diamond Partners was up by about 2.1% net for 2020 after a strong fourth quarter. In his December letter to investors, which was reviewed by ValueWalk, Carlson said it's difficult to give an overview for 2021 because the first and second half of the year will...
Blue Mountain Credit Alternatives Fund was up 0.36% for November, although the fund remains well into the red for the year. For the first 11 months, the fund was down 24.85% gross. Q3 2020 hedge fund letters, conferences and more jplenio / Pixabay Blue Mountain's fundamental credit strategy was up 0.63% for...
Gabriel Grego, a famous short-seller from Quintessential Capital Management, has claimed another victory for short-sellers around the world. This time around, it was a rather remarkable victory, as the problems with Penumbra have not been his standard fare. Instead of fraud, this time the problem was the company’s Jet7...
The fifth Contrarian Investor Virtual Conference is over, and investors are mulling over the stock picks that were presented. Sean Stannard-Stockton of Ensemble Capital Management was among the presenters. He offered his long thesis for First American Financial, a title insurance company. Q3 2020 hedge fund letters, conferences and more Details...
The fifth Contrarian Investor Virtual Conference is in the books, and one of the presenters was Christian Putz of ARR Investments. He presented his long thesis for S&T, which is the most-shorted stock in the Austrian market. Q3 2020 hedge fund letters, conferences and more What's there to like about S&T? Putz...
Aristides Fund LP was up 3.78% for November, while Aristides Fund QP, LP was up 4.02%. On a year-to-date basis, the former is up 2.16%, while the latter is up 2.79%. Aristides Capital had $128 million in assets under management as of the beginning of December. Since inception in...
Jacobs Asset Management was up 5.8% net for November, bringing its quarterly return to 9.1% and its year-to-date return to -6.1%. The S&P 500 was up 14% for the year through the end of November, while the KBW Bank Index was down 17.5%. Q3 2020 hedge fund letters, conferences and...
In a presentation for the Odey Inflation Fund, which was reviewed by ValueWalk, Crispin Odey's team made a case for how to protect yourself from inflation and discussed why gold isn't the best protection and how important it is to prepare for inflation in your portfolio. Q3 2020 hedge fund...
Prentice Capital was up 15.3% net last month, bringing its year-to-date gain to 49.4% net. Prentice touted its ability to preserve capital during market downturns like the first quarter of this year and the fourth quarter of 2018. Q3 2020 hedge fund letters, conferences and more Background of Prentice Capital The fund...
York Capital Management has decided to focus on longer-duration assets like private equity, private debt and collateralized loan obligations. The firm also plans to wind down its European hedge funds and spin out its Asian fund. Q3 2020 hedge fund letters, conferences and more York announces structural and operational changes York Chairman...
Crossroads Capital is up 55.8% net for this year through the end of October. The fund released its 2019 annual letter this month after scrapping its previous 2019 letter in March due to the changes brought about by the pandemic. For 2019, the fund was up 32.5% net. Since...
Sio Partners was down 4.8% net for September, compared to the S&P 500 Total Return Index's decline of 3.8%, the MSCI World Healthcare Index's 1.5% decline, and the MSCI World Index's 3.6% decline. Sio's long positions detracted 2.4% during September, while its shorts detracted 2.3%. Q3 2020 hedge fund letters,...
The Canyon Balanced Funds have gained more than 28% since the end of the first quarter, recovering 70% of its first-quarter losses. In their November letter to investors, which was reviewed by ValueWalk, the fund's management said due to the unprecedented backdrop of this year, they have shifted to...
Overlook Partners was down 2.78% for September but up 6.03% for the third quarter, bringing its year-to-date return to 10.94%. The MSCI Far East ex Japan Index was up 10.23$ for the third quarter and 6.53% for the first nine months of the year. Q3 2020 hedge fund letters, conferences...
Russell Clark Investment Management was down 9.25% for September, although it is up 8.75% for the first nine months of the year. Losses occurred in both the long book and the currency book. Q3 2020 hedge fund letters, conferences and more The fund had over $256 million in assets under management...
Tiger Global's public equity funds outperformed during the third quarter with its long and private portfolios contributing more than 100% of gains. On the short side, the portfolio generated positive alpha but absolute losses. Q3 2020 hedge fund letters, conferences and more On the long side, key contributors so far this...
The COVID-19 pandemic has caused turmoil in many industries, but there is one industry that has benefited. Valuations in the tech industry continue to skyrocket as many companies in the sector have also benefited from the pandemic. According to one hedge fund, valuations in the tech sector have finally...
As the years have gone on, more and more institutional investors have become interested in cryptocurrency, but more must be done. At the Greenwich Economic Forum, Genesis CEO Michael Moro and Hunting Hill Global founder Adam Guren talked about the institutionalization of cryptocurrency. Q3 2020 hedge fund letters, conferences and...
The relationship between the U.S. and China has been a key issue throughout Donald Trump's presidency, and that's unlikely to change any time soon. The topic was the focus of a panel at the Greenwich Economic Forum, during which several panelists talked about investing trends into and out of...
There's been a lot of talk about how the travel industry will get back to normal in a world marred by COVID-19, but JetBlue CEO Robin Hayes has some ideas. At the Greenwich Economic Forum, he talked about how vaccines will play a role, but they won't be the...
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