Statar Capital lost 2% for November, bringing its return for the first 11 months of 2022 to 12.22%. The energy-focused hedge fund had $3 billion in assets under management at the end of November and has generated a total net return of 310.8% since September 2018.
In their November letter to investors, which was obtained by Hedge Fund Alpha, the Statar Capital team noted that temperatures in North America averaged normal levels in November. However, they moved back and forth from both extremes throughout the month.
Q4 2022 hedge fund letters, conferences and more
The warmth experienced in late...
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