Half Moon Capital Short Book Up 28% In 2015

Half Moon Capital, the value oriented hedge fund managed by Eric DeLamarter, returned 2.3% net of fees in the fourth quarter of 2015 and 0.4% for the full-year, compared to returns of 1.4%, -4.4% and 1.4% for the S&P 500, Russell 2000 and HFRI Hedge respectively. The Partnership’s cumulative return since inception, in July 2011, is 52.4%, compared with the S&P 500, Russell 2000 and HFRI Hedge Fund index that have recorded returns of 70.5%, 46.1%, and 13.5%, respectively. While these results may appear poor at first glance, it should be noted that Half Moon’s result (for 2015 at least) was achieved with lower-than-average…