The value of the funds managed by value and special situation specialists, DG Value Partners lost 2.5% during the first quarter mirroring declines seen across the wider hedge fund industry.
DG Value Partners occupies one of the more interest sectors of the value spectrum, looking for value in middle market opportunities and complex situations such as stressed and distressed securities, postbankruptcies/reorganizations, capital structure changes, liquidations, and spin-offs.
Barac Value Fund 1Q16 Letter To Investors
And since inception (04/01/07) the funds have had moderate success, achieving a return of approximately 55% to the end of the first quarter. Over the same period, the HFRI Event Driven Index returned 29.4%, and the S&P 500 returned 74.0%. However, comparing the performance of the DG Value Funds...
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