From Stanphyl’s January 2018 letter to investors: Please login to view the rest of this article – Not subscribed? Get our adfree exclusive content for only a few dollars a month. It also helps us fund our operations so think of it as supporting quality journalism.
“Simplicity is The Ultimate Sophistication” Dear Partner, Hazelton Capital Partners, LLC (the “Fund”) gained 6.4% from October 1, 2017 through, December 31, 2017, gained 23.6% year-to-date and has returned 128% since its inception in August 2009. By comparison, the S&P 500 gained 6.6% in the same quarter, increased 21.8% year-to-date and has returned 206% since the Fund’s inception. The Year in Review – Position Updates Hazelton Capital Partners ended the Continue Reading →
Dear Partner: We’re pleased to report that in the 4th quarter of 2017, Dane Capital Management (the “Fund”) returned over 19.2%i , net of fees and expenses, resulting in the Fund generating a 50.2% return for the year, net of fees and expenses. We run a concentrated, value-oriented portfolio and our goal is always to have good months and good quarters. However, as we’ve stated, both when results have been Continue Reading →
Dear Partners, In its initial year of operations, Alluvial Fund returned 29.6% net of fees and operating expenses. As an investor in the partnership, I am as pleased as anyone with our results since we launched. As the manager of the partnership, my satisfaction is tempered by the knowledge that the prudent investor is rarely rewarded for his labors so quickly or so steadily. I once again urge partners to Continue Reading →
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