Most equity hedge funds struggled to earn a positive return in 2022, but Cooper Creek Partners bucked the trend.
According to a copy of the firm’s fourth quarter and full-year letter to investors, a copy of which ValueWalk has been able to review, the fund earned 13.5% in the fourth quarter of the year, its 14th consecutive positive quarter, and 42.8% for the year as a whole.
Last year the S&P 500 returned -18.1% while the long/short fund’s benchmark, the Russell 2000 index, slumped -20.4%.
Since its inception (November 2008) the fund has returned 11.5% per annum with an average net exposure of 9%.
Q4 2022 hedge fund letters, conferences and more
Cooper...
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