Admiral Capital Partners was down 13.7% net for the first quarter, but the fund beat the S&P 500 by 590 basis points. Admiral was down 0.1% for January, 6.8% for February and 7.3% for March, compared to the S&P’s flat January return and 8.2% and 12.4% declines, respectively, in February and March. Q1 2020 hedge fund letters, conferences and more First-quarter roundup In his first-quarter letter to investors, which was reviewed by ValueWalk, Managing Partner Alec Shaffner said many of their long positions were down more than the S&P 500, but their short book generated a return of 10.2% during…
A thesis for going long on LiveRamp From Admiral Capital Partners
Michelle deBoer-Jones
Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.