Seer Capital Credit Fund Gains 9.46% In 2019 As CLOs gain steam

Seer Capital Management’s flagship fund, the Seer Capital Master fund, added 1.28% net in December 2019. The fund returned 9.46% net in 2019 according to a copy of its fourth quarter and full-year letter to investors, which has been reviewed by ValueWalk. The $716 million diversified, credit-focused fund, which is managed by Philip Weingord, has produced an annualized net return for investors of 10% since inception in May 2009 with a Sharpe ratio of 1.6 and an annualized standard deviation of 5.56%. For more up-to-date hedge fund content, and exclusive access to value-focused hedge fund managers, check out Hidden Value Stocks….