Corsair Capital Management released its Q2 2018 letter to investors this week. The firm's funds were essentially flat for the quarter, with Corsair Capital returning a gain of 0.1% and Corsair Select declining 0.1%. For comparison, the HFRI hedge fund index posted a second-quarter gain of 0.8%, while the S&P 500 gained 3.4%.
Year to date, Corsair Capital is down 2.7% net, while Corsair Select is down 4.5% net. The HFRI hedge fund index is up 1.2% year to date, while the S&P is up 2.7%.
Corsair Capital Q2 letter: U.S. equities against history
The team at Corsair Capital Management noted that U.S. equities rallied overall during Q2, with the technology sector...
