Cerrano Capital, the $750 million hedge fund launched at the end of last year had a solid fourth quarter. According to the firm's fourth quarter, and first full quarter letter to investors, a copy of which has been reviewed by ValueWalk, Cerrano returned 5.15% net for the period.
Founded by York Capital alumnus Michael Weinberger, Carrano was launched with much fanfare at the end of last year as the firm attracted some big names including Third Point’s Dan Loeb along with York founder Jamie Dinan and Chief Investment Officer Dan Schwartz according to Bloomberg.
[klarman]
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