York Capital Management Up 3.5 Percent in Q1 2013

James Dinan’s York Capital has churned out decent returns during the first quarter of 2013 after posting less than stellar returns in Fenruary.

The flagship York Capital Management and York Investment Ltd. were up 3.5 percent in 1Q2013 with the addition of a 1.5 percent return in March.  Both funds fall under York’s Multi Strategy approach which manages $5.4 billion as of March 31.

The credit focused strategy, York Credit Opportunities was up by about 5 percent in last quarter after a 1.6 percent return in March. York Credit Opportunities manages $4.4 billion.