One Of The Last Short Biased Hedge Funds Closed Its L/S Strategy At The End Of Last Year

After struggling to outperform the market for several years, Skip Tague, the Managing Member of RBI Capital Management, decided to close the firm’s long/short strategy, RBI Partners, at the end of 2019. Q1 2020 hedge fund letters, conferences and more The strategy returned -9.9% net last year, underperforming the S&P 500 and HFRI Fund Weighted Index by 38.4% and 20.4% for the year, respectively. Although RBI Partners closed at the end of 2019, RBI continues to manage short-only fund RBI Kodiak Partners. For more up-to-date hedge fund content, and exclusive access to value-focused hedge fund managers, check out Hidden Value Stocks….