Black Bear Value Fund update for the month ended February 28, 2019.
Q4 hedge fund letters, conference, scoops etc
Dear Partners and Friends,
- The Fund returned -0.2%, net, in February. QTD and YTD +4.1%, net.
- The S&P 500 returned +3.2% in February. QTD and YTD +11.5%.
- The HFRI index returned +1.8% in February. QTD and YTD +5.7%.
Fund Strategy
Black Bear Value Fund, LP is an opportunistic, concentrated and fundamental value investment partnership. Our partnership operates with low fees and high levels of alignment between the Investment Manager and the Limited Partners. We actively seek undervalued and concentrated investments in the stock and bond markets that can be purchased at discounts to...

