Schultze Partners, LP gained -0.8% in August, bringing its 2021 year-to-date performance to 33.5%, according to a copy of the firm's August investor update, which ValueWalk has been able to review.
Q2 2021 hedge fund letters, conferences and more
Founded by George J. Schultze, who is chair of the Schultze Asset Management, LP Investment and Strategy Committees and, together with his team, makes the final decision on all investments for the portfolio, the asset manager is a distressed debt specialist.
The firm believes "distressed investing is the ultimate value investing strategy."
Increasing Frequency Of Costly Natural Disasters
In its August update, Schultze notes that investors should be aware of the increasing frequency...

