Corsair Capital was up 6.2% net for the quarter that ended up Sept. 30, bringing its year-to-date return to -7.5%. Corsair Select was up 11.6% for the quarter, which also brought its year-to-date return to -7.5%. The HFRI EHI was up 6% for the third quarter, while the S&P 500 gained 8.9%, and the Russell 2000 was up 4.9%. Q3 2020 hedge fund letters, conferences and more Corsair Capital is an event-driven hedge fund founded by Jay Petschek in 1991. The fund looks to increase capital at a faster rate than inflation and the effect of taxes and believes that…
This event-driven hedge fund was all about SPACs in Q3
Michelle deBoer-Jones
Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.