Chenavari Toro Up 18% In H1; Sees Early Fed Tightening

Chenavari’s hedge fund strategies continue to consistently perform near their recent averages, with the high-flying Toro Capital European Structured Finance Strategy up 2.02 percent in June and 18.24 percent year to date, placing it among the best performing hedge funds yet again (see chart below).  The multi strategy credit fund is up 6.10 percent year to date, while the long short corporate credit strategy is up 4.47 percent, according to an investor letter reviewed by ValueWalk. Chenavari’s Toro II fund started with a bang For Loic Fery’s Toro II fund, up just 0.27 percent in June, the month nonetheless “started with a…