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Alluvial Fund May 2023 Performance Update

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HFA Staff
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Alluvial Fund performance update for the month ended May 31, 2023.

Q1 2023 hedge fund letters, conferences and more

Alluvial Fund, LP returned 1.2% in May, compared to -0.9% for the Russell 2000 and -2.8% for the MSCI World Small+MicroCap. Since inception, Alluvial Fund, LP has returned 115.8% compared to 41.3% for the Russell 2000 and 50.7% for the MSCI World Small+MicroCap.

Alluvial Fund, LP is a value investing partnership with a focus on small companies and obscure securities, both domestic and international. The full May tearsheet may be accessed using the following link:

Alluvial Fund, LP - May Update

Alluvial May 1Alluvial May 2

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.