York Capital Off to A Strong 2013

York Capital Off to A Strong 2013
Image source: YouTube Video Screenshot

James Dinan’s York Capital is doing pretty well into the new year as well. All of his funds produced a sizeable return in January with the Asia focused fund taking the top honor. York Asian Opportunities Hedge Fund was up 5 percent in last month, the assets are now up to $480 million, a significant increase to the December AUM of $420 million. 2012 was also a good year for the fund as it jumped 10.8 percent last year.

York Capital Off to A Strong 2013

The attractive January returns of York’s Asian fund puts it right in line with other big January gainers, including Odey Asset Management’s Odey European and Third Point Ultra and Third Point Offshore, Pine River Fixed Income and Paul Tudor’s Tudor BVI Global.

ValueWalk’s December 2021 Hedge Fund Newsletter: Hedge Funds Avoid Distressed China Debt

InvestWelcome to our latest issue of issue of ValueWalk’s hedge fund update. Below subscribers can find an excerpt in text and the full issue in PDF format. Please send us your feedback! Featuring hedge funds avoiding distressed china debt, growth in crypto fund launches, and the adapting venture capital industry. Q3 2021 hedge fund letters, Read More

The next big January performer was York’s second largest fund, an AUM of $4.2 billion, York Credit Opportunities which was up 2.7 percent in last month. York’s distressed debt focused fund returned a handsome 19 percent in last year.

York’s Multi Strategy funds, York Capital Management and York Investment Ltd were up 1.8 and 1.9 percent respectively. York’s flagship Multi Strategy manages $5.3 billion, up from $5.1 billion in December 2012. Last year the strategy returned 13.5 percent overall.

The Europe focused fund, York European Opportunities Fund, an AUM of $1.9 billion, was up 2.2 percent in January. The European Opportunities Fund returned 10 percent in 2012.

On average (unweighted), York’s funds gained 3 percent in last month. This compares to the average hedge fund which is up less than 2 percent. The total AUM of the York is now $11.88 billion.

Updated on

No posts to display