Macy’s Debt Leads DG Capital To Best Month Since May

DG Capital, in its November report obtained by Hedge Fund Alpha, disclosed 2.84% returns. This pushed the year-to-date gains to 5.66%. After May, this was the strongest performing month during 2025. The comparable benchmark, the Russell 2000, significantly outperforms the fund on a YTD basis, bringing in 13.47%.

The strategy has $291 million in assets under management and was started in 2007. The fund emphasized the positive impact of company-specific events, including restructurings, turnarounds, refinancings, and M&A.