Half Moon Capital Gains Papa Murphy’s Short; Avoids Hit On Amazon “Bailout” Of Kornit Digital

Half Moon Capital Partners, the value-oriented partnership managed by Eric DeLamarter, returned 10.3% net for its investors during 2016. The partnership returned 4.1% net of fees in the fourth quarter according to the firm’s letter a copy of which has been reviewed by ValueWalk. 2016 Hedge Fund Letters These returns were achieved while maintaining an average 26% net exposure throughout 2016. Since inception (7/1/2011) the fund is returned 68.1% with an annualized net return of 9.9%, standard deviation of 7.6%, Sharp ratio of 1.28 and a maximum drawdown of 6%. For some comparison, over the same period, the Russell 2000 returned…