Top Credit Hedge Fund Warns Of Gearing In Global Credit Markets

Deer Park Road Management flagship fund, the STS Master Fund has a 3.7 Sharpe ratio and was once able to get away with charging clients a 60% performance fee on the first 4% of the fund’s profits to STS investors with no management fee. If you’re looking for value stocks, and exclusive access to value-focused hedge fund managers, check out ValueWalk’s exclusive value newsletter, Hidden Value Stocks. Since inception, the beginning of May 2008, the firm has produced a compound rate of return of 23.3% for investors net of fees, for a cumulative return of 709% compared to the S&P 500 total…