Hedge Fund To Lessen Short Discussion In Letters Amid Squeezing

The full year and the fourth quarter of 2017 were positive for the long positions of Half Moon Capital Partners. In particular, Managing Partner Eric DeLamarter’s quick action when illogical blood was first on the street with BlueLinx holdings was particularly fortuitous. If it wasn’t for those pesky short positions the New York-based long / short manager would have handily beaten the S&P 500.

DeLamater lives by a straight-forward investing credo. He recognizes that his niche fund, with just $31 million under management, is not going to compete with much larger funds –...