DG Value posts a double-digit return for the first half of 2021

DG Value Partners II was up 2.28% net for June, bringing its year-to-date return to 20.7% net. The fund is managed by Dov Gertzulin and focuses on event-driven value opportunities in the middle market, looking for securities that are priced below what management believes to be their intrinsic value.

Q2 2021 hedge fund letters, conferences and more

June acquisitions

In his June letter to investors, Gertzulin said the month brought announcements that two of their largest positions would be acquired at sizable premiums to their purchase price. Apollo is acquiring EmployBridge, the biggest light industrial staffing company in the U.S. The transaction is expected to close...