Long / Short hedge fund manager Michael Rothenberg’s Moab Capital had an “uneventful month” in September with “few meaningful movers” in the firm’s overall portfolio. Q3 Hedge Fund Letters According to the firm’s September letter to investors, a copy of which has been reviewed by ValueWalk, Moab made 1.21% from its event driven longs during the month and lost 0.85% on event driven long/short positions giving a net return of 0.36%. Year-to-date the firm has returned 9.4%, compared to a gain on the S&P 500 of 14.2%. Since inception (April 2006), Moab has achieved an annualized IRR of 9.1%. [klarman]…
Event Driven Moab Partners Increases Hedges Along With AUM
Rupert Hargreaves
Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk
