Lightsail Capital Seeking Inefficiency In Small-Cap Growth Leads To 10% Return In 2018

Lightsail Capital produced a positive return for its investors of 10% in 2018, substantially outperforming its benchmarks, the Russell 2000 Total Return Index and the S&P 500 Total Return Index in its first few months of operations.

Q4 hedge fund letters, conference, scoops etc

Between inception (16 April 2018) to the end of 2018, the fund gained 10% net of all fees, compared to a loss of -12.1% for the Russell 2000 and -4.3%. In the fourth quarter, the firm lost -2.8% compared to -20.2% and -13.5% for the Russell 2000 and S&P 500 respectively.

Seeking inefficiency

Founded by James Basili and Torin Eastburn, Lightsail's focus is small-cap growth companies that have revolutionary potential.