HITE Hedge’s alpha-only funds returned 0.62% for the second quarter, bringing their first-half returns for 2022 to 8.5%. The funds have grown their assets under management to more than $725 million as of Aug. 1. The firm has added about $200 million in assets since the beginning of the year, moving it closer to its closing target of $1.5 billion. Opportunities In Volatility In their second-quarter letter to investors, which was obtained by ValueWalk, the HITE Hedge team said they see sizable opportunities due to the volatility of energy and related markets. They added that an increasing number of allocators…
This Multi-Billion Dollar Energy Fund Is Benefitting From The Recent Market Volatility [Exclusive And In-Depth]
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.