GreenHaven Road Partners Fund commentary for the second quarter ended June 30, 2022.
Q2 2022 hedge fund letters, conferences and more
Dear Fellow Investors,
The Partners Fund returned approximately -23% for the second quarter, bringing the year-to-date return to approximately -36%. U.S. markets broadly have had their worst start since 1970 with the S&P declining over -20%, the Nasdaq declining approximately -30%, and certain pockets experiencing more severe drawdowns.
So far this year, three of the managers who have compounded at among the highest rates over the years are down significantly, dragging down the average. I consider all of the Partners Fund managers to be incredibly smart and...
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