Lee Ainslie’s Maverick Capital has enjoyed a strong start to 2023, with his funds’ first-quarter returns ranging from 8% to 17%. The Maverick USA fund returned 8.4% for the first quarter, while the Maverick Levered fund gained 14.7%. The Maverick Long fund was up 15.1%, and the Maverick Long Enhanced fund returned 16.8% for the first quarter. Meanwhile, the S&P 500 was up 7.5% for the first quarter, while the MS World gained 7.7%, and the S&P 500/ MS World Blend returned 7.6%. Q1 2023 hedge fund letters, conferences and more On a cumulative basis, the Maverick funds have enjoyed…
Maverick Capital Is Winning Big With Early AI-Related Investments [Exclusive]
Michelle deBoer-Jones
Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.
