We’ve got more tear sheets in for hedge fund returns in December, and one fund has already submitted its January tear sheet. Here are the updates we’ve gotten over the last two weeks: Blue Mountain Credit Alternatives Fund was down for December and 2019. The fund’s Class S declined 2.79% for December and 14.4% for 2019, while Class L was down 2.75% for December and 13.97% for 2019. Interestingly, the fund dumped all of its illiquid positions, as its December tear sheet shows 0% allocations to equity and global markets. Forty-two percent of the fund was allocated to distressed…
Hedge Fund Returns: One Famed L/S Fund Is Down 21% In January
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.