Margate Capital Likes “Left For Dead” Smaller Internet Stocks

Margate Capital Management , the hedge fund founded last year that is betting on a wave of Tech consolidation, generated a return for investors of 2.4% during the second quarter. This positive performance has taken the firm’s launch-to-date return to 7.4% net of fees outperforming the HFRX Equity Hedge Index by 2.8% but underperforming the S&P 500 Total Return index by 6.1%. “The Amazon/Google Of Hedge Funds” Warns Of Investing Minefield: looking To Hire More Macro Analysts Lakewood Capital Bets Against One Of China’s Richest Billionaires World’s “Most Bearish Hedge Fund” Goes All In On China Collapse, Inflation Explosion Margate…