Welcome to our inaugural issue of Hedge Fund Alpha's hedge fund update. Below subscribers can find an excerpt in text and the full issue in PDF format. Please send us your feedback!
Featuring Bill Ackman's comeback, a look at Alta Fox Capital, Prentice Capital having a strong year, Canyon Partners profiting on Covid crisis refinancings, and Odey's Inflation Fund.
Hedge Fund News: Ackman’s Comeback
After returning 40% for his investors in 2014, Bill Ackman was considered to be one of Wall Street’s top investors. Unfortunately, in the years following, he suffered a run of bad bets.
His largest holding, pharmaceutical group Valeant, plunged in value and ended up costing Ackman’s investors more than $4 billion. Combined with a loss-making bet against supplement seller Herbalife,...

