Riposte Capital a long/short equity fund produced a return of -6.4% in net for its investors during 2016, compared to a return of 12% for the S&P 500 Total Return index. The fund added 0.3% net during the fourth quarter of 2016 as markets rallied according to a copy of the firm’s fourth-quarter and full-year letter to investors copy of which has been reviewed by ValueWalk. The hedge fund was seeded with $50 million from the Libra Group. Also see: 2016 Hedge Fund Letters It looks as if Riposte Capital fell victim to rising markets during 2016. On the long side,…
Riposte Capital Shorts Hit By Trump Rally; Details Bullish New York REIT Thesis
Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk