Kerrisdale Capital Delivers In February, Sticks With Herbalife Ltd.

Kerrisdale Capital, with $283 million under management, generated 3.37% performance in February after experiencing its largest loss in history in January, -5.94%.

Kerrisdale Capital’s strong numbers

The long / short fund has a three year annualized return of 50.61%, versus 14.32% for the S&P 500 (INDEXSP:.INX), and a 860.51% cumulative return since inception, versus 123.31% for the S&P 500.

Kerrisdale Capital and Herbalife

The fund found itself involved in the Carl Icahn / Bill Ackman Herbalife Ltd. (NYSE:HLF) dispute in March, as it confirmed its investment and said it would hold its 230,000 share position, a 4.9%...