The Fairholme Partnership Delivers 8.3% Net Return In 1Q 2015

MIAMI–(BUSINESS WIRE)–The Fairholme Partnership, L.P. (the “Partnership”) today announced a net return of 8.3% for the first quarter of 2015.1 Since inception on January 1, 2013, and through March 31, 2015, the Partnership’s net return was 44.2% versus a 51.9% gain and a 15.1% gain for the S&P 5002 and the HFRI Fund Weighted Composite Index,3 respectively. The Partnership was launched with seed capital from employees of its investment manager, Fairholme Capital Management (“Fairholme”), and had approximately $441 million in assets as of March 31, 2015. “delivering outstanding long-term performance, aligning interests with shareholders, and demonstrating the courage to differ…