When looking at Raging Capital’s second quarter letter to investors – and reviewing their background – one gets the sense they are different. With the S&P 500 up near 3.8% as of the July 14 investor letter, Raging Capital Fund (QP) Series B was up 14% year to date. But its more than beating the S&P 500 or even the HFR Hedge Fund Index – down -3.9% over the same period. Raging Capital’s Rocky Hill, New Jersey-based Chairman and Chief Investment Officer William Martin of the famous activist fund thinks differently. It can be seen in his letter to investors…
Raging Capital Finding Alpha In Short Exposure; Shorts Valeant And Lending Club
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.