Black Bear Value Partners LP commentary for the third quarter ended September 30, 2022.
Q3 2022 hedge fund letters, conferences and more
“For the times they are a-changin’.” Bob Dylan
To My Partners and Friends:
- Black Bear Value Fund, LP (the “Fund”) returned -2.4% in September and +0.7% YTD.
- The S&P 500 returned –8.0% in September and -22.9% YTD.
- The HFRI Index returned –5.7% in September and -13.6% YTD.
- We do not seek to mimic the returns of the S&P 500 and there will be variances in our performance.
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