Lee Ainslie's Maverick Capital has enjoyed a strong start to 2023, with his funds' first-quarter returns ranging from 8% to 17%. The Maverick USA fund returned 8.4% for the first quarter, while the Maverick Levered fund gained 14.7%. The Maverick Long fund was up 15.1%, and the Maverick Long Enhanced fund returned 16.8% for the first quarter.
Meanwhile, the S&P 500 was up 7.5% for the first quarter, while the MS World gained 7.7%, and the S&P 500/ MS World Blend returned 7.6%.
Q1 2023 hedge fund letters, conferences and more
On a cumulative basis, the Maverick funds have enjoyed annualized...
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