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Seer Capital Credit Fund Gains 9.46% In 2019 As CLOs gain steam

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Rupert Hargreaves
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Seer Capital Management's flagship fund, the Seer Capital Master fund, added 1.28% net in December 2019. The fund returned 9.46% net in 2019 according to a copy of its fourth quarter and full-year letter to investors, which has been reviewed by ValueWalk.

The $716 million diversified, credit-focused fund, which is managed by Philip Weingord, has produced an annualized net return for investors of 10% since inception in May 2009 with a Sharpe ratio of 1.6 and an annualized standard deviation of 5.56%.

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According to the year-end letter, Seer's returns in December comprised of 90 basis points in net carry...

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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