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Raging Capital Hopes To Profit On Biotech Crash

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Rupert Hargreaves
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Activist hedge fund, Raging Capital Management, managed by William C Martin gained 0.8% net of all fees and expenses during the second quarter. Year to date the fund is up 1.8% net, according to a letter to investors reviewed by ValueWalk.

Since inception (April 2006) the Raging Capital Master Fund -- Series B has returned 620.6%, a compound annual growth rate of 23.8%, compared to the S&P 500's total return of 94%, a CAGR of 7.4%.

VAELUWALK-Raging Capital Chart

The Master Fund has approximately $650 million in assets under management.

Raging Capital: Market currents

In Raging Capital's second quarter letter to investors, the fund weighs in on the present state of the market, noting that throughout the entire...

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for Hedge Fund Alpha