Parus Up 3.7% In 2014; Short Transocean, Long Tesla

Marc Chatin, who is a partner at Parus Fund, was pitching the bull case on Tesla Motors at the Sohn Investment Conference held in London in November. The Parus Finance long / short equity hedge fund posted modest gains in the last year, finishing the year with a 3.75% return, according to investment returns seen by ValueWalk. Parus Fund grabbed a 4.03% return in November but cut its gains with a loss of 1.21% in December. Parus short on energy and mining The manager’s report on the fund performance mentioned how returns at Parus Fund are negatively correlated with the…