Black Bear Value Fund Interim Update: Large Credit Shorts Hedge Losses

Black Bear Value Fund interim update for the month of March 2020, discussing their large credit shorts and the state of the markets. Q4 2019 hedge fund letters, conferences and more Dear Partners and Friends – Any and all existing LP’s or prospective LP’s please read as details will apply to you. I wanted to provide a quick update given the current state of the world and financial markets. Health comes first and I wish for all of your families to be healthy and safe. Black Bear Value Fund In A Great Spot Month to date we are down ~3%…