York Capital Up 5.5% Through April

James Dinan’s York Capital has been up throughout the year in most of its funds. York’s event driven/multi strategy allocation has declined only in Europe, where York European Opportunities which was down 0.1 percent in last month and is up only 2.5 percent for the four months. However things are much better in York’s other funds, the flagship programs York Capital Management and York Investment Ltd, were each up 1.8 percent in April and have returned +5.4 percent YTD.  J.C. Penney Debt: York Capital Short Bet James Dinan made news in March when he revealed that he was shorting J.C….