Corsair Capital, the event-driven long-short equity hedge fund, gained 6.6% net during the second quarter, bringing its year-to-date performance to 17.5%.
Q2 2021 hedge fund letters, conferences and more
According to a copy of the hedge fund's second-quarter letter to investors, a copy of which of ValueWalk has been able to review, the largest contributor to the firm's portfolio in the second quarter was Vertiv Holdings, a leading provider of power and cooling equipment services to the data center industry.
Vertiv reported revenue growth of 20% in the first quarter, along with a record order backlog. As management continues to control expenses and leverage the company's position in the market, Corsair believes...
