For the fourth quarter, Boothbay Absolute Return Strategies (BBARS) returned 3.24% net, while BBARS Enhanced Class generated a net return of 4.28%. For the full year, BBARS returned 7.01% net; BBARS Enhanced gained 8.29% net for 2024.
Boothbay Diversified Alpha Master Fund (BDAF) generated a net return of 1.75% for Q4, while the Enhanced Class returned 1.77% net. For the full year, BDAF returned 5.73% net, while the Enhanced Class returned 5.55% net.
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As of the beginning of 2025, the BBARS funds had about $1.75 billion in assets under management, while BDAF had about $450 million, bringing firm-wide AUM to about $2.2 billion.
BBARS’s manager performance
According to...