Dan Roller’s Maran Capital stumbled in the first quarter of the year. According to a copy of the firm‘s first-quarter update, which ValueWalk has been able to review, it lost -11.2% net of all fees and expenses during the first three months of 2022.
However, the fund manager cautions that investors should not spend too much time concentrating on this figure as over the 12 months to the end of March, the fund yielded a double-digit return. Its performance is even more impressive over a longer-term time horizon. Over the past five years, the fund has returned 19% net to investors.
Q1 2022 hedge fund letters, conferences and more
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