Trident Fund LP March 2023 Performance Update

Trident Fund LP performance update for the month ended March 31, 2023. Q1 2023 hedge fund letters, conferences and more The Trident Fund LP GM, GME, and GME4 share classes returned -2.4, -3.7, and -10.4 percent, respectively, in March, and the fund is -3.8, -5.9, and -16.3 percent net for 2023. Please click here for the GM, GME, and GME4 tearsheets. Trident was positioned well for the economic data, but the collapse of Silicon Valley Bank (SVB), the biggest bank in U.S. history to fail, disrupted the markets for a short time. Within two days, Trident began to regain nearly all the money lost…