Corsair Capital returned an estimated 3.1% net for the first quarter, while Corsair Select gained about 9.1% net. Since its inception in January 1991, Corsair Capital has generated a compounded net annual return of 11%. Corsair Select’s compounded net annual return since its inception in January 2004 is 9.1%. For comparison, HFRI’s Equity Hedge Index returned 3.4% for the first quarter while the S&P 500 gained 7.5%, and the Russell 2000 returned 2.7%. The Equity Hedge Index has generated an annualized return of 10.4% since January 1991 and 5.1% since January 2004, versus the S&P 500’s 10.3% and 9.2% returns,…
These Small-Cap Funds Returned Percent And 9 Percent Despite Sizable Large-Cap Outperformance
Michelle deBoer-Jones
Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.