Activist investor and hedge fund LionEye Capital, which runs ~$2 billion, is shutting down. Thanks to Famous Dave’s (DAVE), Men’s Warehouse (MW), Yahoo (YHOO), GNC Holdings (GNC) and other top holdings.
The fund was down 19 percent through November and was facing heavy redemptions. The fund is in its sixth year with a 7.2 percent average annual return.
Maverick Fund was up 49.9% for the first quarter, while Maverick Levered gained 52.5%, and Maverick Long Enhanced gained 1.7%. Maverick Long gained 6.3%, while MFQ Neutral was down 5.1%. Q1 2021 hedge fund letters, conferences and more The first quarter was the Maverick Fund's strongest quarter ever, driven mostly by the performance of Coupang, Read More
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