Indaba Capital Management, the event-driven opportunistic value fund, that employees a range of investment strategies, produced a positive net return for investors of 7.25% for 2017 and a gross return of 11%, compared to a gain of 21.82% for the S&P 500 and 7.03% for the Credit Suisse High Yield Index.
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Below readers can find more of our coverage on Baupost 2017 letter
Klarman On
the danger of Chinese leverage
Discipline while value investing in bubby times
According to the firm's fourth...

