Blue Mountain Credit Fund still in the red YTD; here are their biggest holdings

Blue Mountain Credit Alternatives Fund was up 0.36% for November, although the fund remains well into the red for the year. For the first 11 months, the fund was down 24.85% gross.

Q3 2020 hedge fund letters, conferences and more

Blue Mountain's fundamental credit strategy was up 0.63% for November, including a 1.09% gain for appraisal cases and 0.02% and 0.43% declines for long/ short credit and distressed and special situations, respectively. The fund's structured credit strategy was up 0.52% for the month, while its private capital strategy was down 0.8%.

Blue Mountain's Biggest Positions

In November, Blue Mountain's biggest investment...