Alluvial Fund's performance update for the month ended November 30, 2020.
Q3 2020 hedge fund letters, conferences and more
Dear Partners and Colleagues,
Alluvial Fund, LP returned 13.1% in November, compared to 18.4% for the Russell 2000 and 15.4% for the MSCI World Small+MicroCap. Year-to-date, Alluvial has returned 22.7% versus 10.4% for the Russell 2000 and 8.4% for the MSCI World Small+MicroCap. Since inception, Alluvial Fund, LP has returned 71.4% compared to 41.1% for the Russell 2000 and 44.0% for the MSCI World Small+MicroCap.
Alluvial Fund, LP is a value investing partnership with a focus on small companies and obscure securities, both domestic and international.

