Q4 – 17 Hazelton Capital Partners’ Letter

“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 →

Dane Capital Full-Year Letter To Investors

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 →

Alluvial Fund, LP – December Update and Fourth Quarter Letter

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 →

Arquitos Capital Partners – Q4 2017 Investor Letter

“Most of the mistakes in thinking are inadequacies of perception rather than mistakes of logic.” — Edward de Bono Dear Partner: Arquitos Capital Partners returned 64.0% net of fees in 2017, compared to 21.8% for the S&P 500. Our annualized net return since the April 10, 2012, launch is 34.5%. Please see page four for more detailed performance information. 2017 was a great year. Nearly every position provided a positive Continue Reading →