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Blue Mountain Credit Fund Down Four Percent In 2019 As Company Mounts PG&E Battle

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Rupert Hargreaves
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Blue Mountain's Credit Alternatives Fund lost 1.32% in February according to a copy of investor correspondence that has been reviewed by ValueWalk.

Q4 hedge fund letters, conference, scoops etc

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doctor-a / Pixabay

According to the document, the fund lost -1.32% gross in February, bringing year-to-date losses to -3.99% and losses over the past 12 months to -3.98%. Including fees, the Credit Alternative Funds' various share classes are down around -4.44% year-to-date and -6.5% over the past 12 months.

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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 Hedge Fund Alpha