Austin, Texas-based Teton Capital Partners struggled during the last few months of 2018. Even though the firm has not yet published its figures for December, the numbers for August through November put the partnership firmly on track to report a loss for the year.
Q3 hedge fund letters, conference, scoops etc
According to investor correspondence that has been reviewed by ValueWalk, Teton lost -3.2% in August, -2.4% in September and -4.8% in October. Even a small gain of 2.2% in November could not save the firm’s full-year performance. For the year to the end of November, the firm was on track to end 2018 down -7.3% net of all fees.
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