This Value Fund Generated Significant Alpha In 2021

GrizzlyRock Value Partners was up 34.54% net for 2021. The fund marked 10 years since its inception with a 198% net return, resulting in an annual return of 11.5%. GrizzlyRock enjoyed 14.8% long alpha against the S&P 500 and 26.9% against the Russell 2000.

Q4 2021 hedge fund letters, conferences and more

The fund's short alpha against the S&P was 10.5%, while its short alpha against the Russell 2000 was 5%. GrizzlyRock's short book was flat for the year, while its long portfolio generated all of its returns with significant contributions from a handful of positions that did extraordinarily well and little to no contributions from some of its core...