Lodge Hill Capital Puts The Hedge In Hedge Fund Manager

As Lodge Hill Capital hedge fund investors look at first quarter returns averaging 5%, while the S&P 500 is up 1.4%, the letter to investors in the $750 million fund reveals the attitude of a hedge fund manager who believes in the title: they advocate a hedge strategy. Also see a list of the top hedge fund letters  Ignore the consensus herd mentality, hedge funds were designed to hedge says Lodge Hill Capital Celebrating its four-year anniversary, long / short relative value trader Clint Murray appears to take a step back and contemplate the macro view. Why has his fund,…