Top Emerging Fund Is On The Hunt For Small-Cap Value; Here Is One Of Their Favorite Ones
Rupert Hargreaves
Published on
Throughout 2018, the firm’s first year of operations, Lightsail Capital’s flagship investment fund, Lighsail Partners, outperformed its benchmarks, the S&P 500 and Russell 2000 by 14.3% and 22.1% respectively net of all fees and expenses.
rawpixel / Pixabay
Lightsail’s run of positive performance has continued into 2019. During the first three months of 2019, Lightsail, which is managed by partners James Basili & Torin Eastburn produced a gain of 13.6% net of fees, matching the S&P 500’s returns throughout the first quarter of the year.
For more up-to-date hedge fund content, and exclusive access to value-focused hedge fund managers, check out ValueWalk’s exclusive value newsletter, Hidden Value Stocks.
Lightsail’s performance during the January to March period is even more impressive considering the fact the firm had just 71% of its capital deployed throughout the quarter, that’s according to a copy of the firm’s first quarter letter to investors, which has been reviewed by ValueWalk.
Taking time to deploy capital
This content is exclusively for paying members of Hedge Fund Alpha
Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha
This article is only available for Premium Members
Subscribe today and get : Insider Strategies and Letters to Shareholders from the Top Hedge Funds Exclusive Access to coverage of Private, Closed-Door Investor Conferences Hedge Fund Manager Research Currently Producing 21% – 40% Returns Annually
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 ValueWalk