Yost Capital Management in their Q2 letter shared a number of crucial information with the investors including that Yost Partners and Yost Focused Fund delivered +2.2% and +1.6% gains respectively. The hedge fund is an emerging manager based out of Fort Worth Texas with about $65 million in AUM.
In other news, the company closed its Talen Energy special purpose investment vehicle, with an estimated 100.6% internal rate of return, and 2.2x multiple on invested capital. After a recent PJM auction, this exit seemed to be a bit premature....