York Capital Gains in July, J.C. Penney Debt Short Pays Off

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HFA Staff
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After an all around abysmal June for James Dinan's York Capital, the hedge funds managed to turn around in July. The assets under management at York Multi Strategy rose from $5.4 billion at the end to June to $5.7 billion in July. The largest allocation of York Capital, multi-strategy funds, gained 2.7% in July, raising the year-to-date gain to nearly +8%.

York Capital Gains in July, J.C. Penney Debt Short Pays Off

July proved to be a good month...

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.