Zach Schreiber move aside... Crescat Capital was one of 2014’s better performing hedge funds after “nailing” the oil trade (the letter to investors reviewed by ValueWalk starts off with the words "Crescat nailed the oil trade in 2014"). The fund was recognized as one of the top-ten performing macro hedge funds after its macro fund achieved a net return of 25.8% for investors. Crescat’s Long/Short Fund delivered a net return of 23.2% during 2014.
Crescat’s strategies continued to perform well throughout the first quarter of 2015. Crescat Global Macro, Crescat Long/Short and Crescat Large Cap gained 6.5%, 3.7%, and 5.2% net respectively during the first quarter. All of Crescat’s funds have outperformed the S&P 500 by a wide margin...

