Hawk Ridge Management LLC may be a small, relatively unknown hedge fund, but that didn’t stop the fund beating the market and the majority of its peer group for the 12 months to 31 December 2015, according to a letter to investors reviewed by ValueWalk.
Also see Letter - Andy Hall: Oil Prices Could Be Headed To $80 In Next 12 Months
Hawk Ridge Management achieved a net investment return of 7.7%, vs. a decline of 4.4% for the Russell 2000 and a decline of roughly 0.8% for the HFRI Equity Hedge Index for the full year 2015. At the beginning of January 2016, the fund had $226 million in assets under management, up from $150 million a year...
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