Aaron Weitman’s CastleKnight returned 2.4% for Class A-2 and 2.6% for Class B-2 net in the fourth quarter, versus the S&P 500’s 2.4% return and the Russell 2000’s nearly flat result of 0.3%. The Bloomberg U.S. HY Index was also flat at 0.2%, and the HFRI Event Driven (Multi-Strategy) Index gained 4.9% for the fourth quarter.
CastleKnight ended 2024 with net returns of 26.2% for Class A-2 and 27.3% for Class B-2. The S&P gained 25%, while the Russell 2000 rose 11.5%. The Bloomberg U.S. HY Index rose 8.2%, and the HFRI Event Driven (Multi-Strategy) returned 13.7% for the...
