Maran Capital Picks Up Cheap Small Caps As Market Sells Off

Maran Capital returned -0.2% net of all fees and expenses in the third quarter of 2022 taking its performance for the year to the end of September to -25.4%. Writing in its third quarter update, a copy of which ValueWalk has been able to review, Maran’s founder Dan Roller notes 2022 has been a “challenging year in the markets.” However, the fund’s performance is similar to broader equity indices, giving it an edge over some of its peers in the long/short equity fund sector, which have significantly underperformed their benchmarks this year. Q3 2022 hedge fund letters, conferences and more…