York Capital Management ended December with near a 2% return on each of its three strategies, ending 2013 with performance near 16%, according to an investors letter reviewed by ValueWalk. York Capital’s Total Return L.P. ended the year up 16.33%; the YTR Investors L.P. returned 16.27% and the York Total Return Unit Trust returned 15.98%. York Capital specializes in merger and acquisition transactions, distressed and restructuring opportunities and special situations equity investing. However, the fund is significantly diversified across strategies, sectors and geographic regions, the investor letter shows.
York Capital Management, founded by James Dinan, who is listed at #342 on the Forbes 400 list and...