Another Green Month For Moon Capital

We're only a few months into 2019, but so far the markets have been much kinder to most hedge funds than they were last year. Moon Capital said in its February report that it was up 3.3% for the month, following January's 2.9% gain and December's 1.9% decline. Year to date in 2019, the fund is up 6.2%.

A solid track record for Moon Capital

Last year was a difficult for Moon Capital, just as it was for many other hedge funds. Moon Capital was down 7.3% for the full year, with most of those losses coming in the first half of...