HG Vora Capital Management posted a net return of 0.1% for the third quarter, bringing its year-to-date return to 7.7%. The fund's credit strategies detracted 0.6%, while its equity strategies returned 1% to its gross return of 0.4% for the quarter.
Q3 2019 hedge fund letters, conferences and more
The biggest positive contributor to the fund's performance during the third quarter was a short position in a real estate investment trust which partially reversed course and fell 24.6% after detracting from performance in the first half of the year.
At the end of the third quarter, 9.6% of HG Vora's net...
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