DG Concentrated Strategy Struggles During Q2 

Concentrated Strategy from DG Capital Management according to their latest Q2 report delivered a negative return of -1.7%. Dov Gertzulin the CEO of DG stated that the equity investments from the portfolio rolled in 71% of the fund’s performance, while the remaining 29% came as a result of credit strategies.

At the end of Q2, the fund had a delta-adjusted net exposure of 75% equity and 32% credit. While credit-related investments brought in slight gains, that was offset by a decline in smaller capitalization equity valuations.

In the last six months, the Concentrated Strategy managed to outperform its debt and equity benchmarks.

The overall landscape of the market in the first half of the year was strange for Dov. He pointed out that...