Crossroads Capital up 55.8% YTD after 32.5% in 2019 explains how it did it

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 inception in June 2016, Crossroads Capital is up 23.8% net annualized. Q3 2020 hedge fund letters, conferences and more Crossroads is a value-oriented, research-driven fund founded and managed by Ryan O’Connor. In his 2019 letter to investors, which was reviewed by ValueWalk, O’Connor didn’t talk much about positions, but he did…