Dov Gertzulin's DG Value Partners II fund returned 2.8% during December, taking its net return for 2021 as a whole to 22.8%.
Q3 2021 hedge fund letters, conferences and more
According to a copy of its fourth-quarter update to investors, DG's flagship value strategy has achieved a cumulative net return of 218.2% over the past decade and an annualized return of 12.3% with a standard deviation of 9.5 and a Sharpe ratio of 1.22.
The firm managed $542 million across several strategies at the end of the year.
Value rally helps performance
The Value Partners II...