Trident Fund LP March 2023 Performance Update

The Trident Fund LP GM, GME, and GME4 share classes returned -2.4, -3.7, and -10.4 percent, respectively, in March, and the fund is -3.8, -5.9, and -16.3 percent net for 2023. Please click here for the GM, GME, and GME4 tearsheets.

Trident was positioned well for the economic data, but the collapse of Silicon Valley Bank (SVB), the biggest bank in U.S. history to fail, disrupted the markets for a short time. Within two days, Trident began to...