Despite SEC Probe, This Credit Hedge Fund’s Flagship Fund Gained 10% In 2018 As Sharpe Ratio Hits 3.46

Deer Park Road’s flagship STS Master Fund, added 4.71% in December, bringing the fund’s total year-to-date performance to 10.3% net of all fees and expenses. Q4 hedge fund letters, conference, scoops etc The $2.6 billion hedge fund achieve this positive performance despite the return of volatility in the third and fourth quarters of 2018. As other hedge funds struggled, Deer Park’s credit portfolio produced steady returns helping the STS Master Fund outperform the S&P 500 by 14.7% and the Dow Jones Credit Suisse Hedge Fund Index by 13.2% for the year despite an ongoing SEC probe over valuations since early…