Roubaix Fund Composite April 2023 Performance Update

During April, the Roubaix Composite generated a net return of -2.70% relative to a loss of -1.80% for the Russell 2000 Total Return Index a return of +0.41% for the HFRI Equity Hedge (Total) Index. On a year-to-date basis the Roubaix Composite generated a net return of +7.64% relative to a total return of +0.89% for the Russell 2000 Index and +2.93% for the HFRI Equity Hedge (Total) Index. Average daily net exposure during April was 34.10% compared to a 43.11% average since inception in January 2010.

Q1 2023 hedge fund letters, conferences and more

The U.S. equity market experienced a modest pause in volatility during April as investors digested...