Prescience Partners returned 6.75% for the second quarter, underperforming the S&P 500’s 8.55% return but coming out ahead of the Barclay Equity Long/ Short Index’s 2.62% return. However, for the first six months of the year, Prescience is up 30.66%, doubling the S&P’s 15.25% return and smashing the Barclay Equity Long/ Short Index’s 9.27% return. Q2 2021 hedge fund letters, conferences and more With about $150 million in assets under management, Prescience Point Capital is a research-focused, catalyst-driven fund that seeks superior risk-adjusted returns uncorrelated to the broader market. Prescience invests globally and across asset classes, industries and capital structures….
Hedge fund thesis for Spirit Airlines and AerSale, a recent SPAC merger
Michelle deBoer-Jones
Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.