Aided By Pearson’s Debt Gorge, Hedge Fund Up 30% In 2017, After 135% In 2016

Left Brain Capital Appreciation Fund L.P., a long-biased hedge fund focused on growth, is up 29.6% year to the end of July following a healthy 134.2% net return in 2016 according to the fund’s correspondence for the period, which has been reviewed by ValueWalk. [activistinvesting] Left Brain, which is headquartered in Naperville, Illinois, was founded in 2016 by Noland Langford, a former executive at Merrill Lynch and Wells Fargo. The goal of the Appreciation Fund, which currently manages around $11.7 million, is to return 5x in ten years for a net return to investors of 17% annually. For exclusive access…