The Class F Lead Series of the Multi Strategy LP returned -3.70% in March, while the Class F Lead Series of the Long Short LP returned -3.04% over the same time period, both net of fees. At month end, beta-adjusted net equity exposure was 46% in the Multi Strategy LP and 46% in the Long Short LP, with exposure remaining flat month over month in the Multi Strategy LP and increasing by approximately 19% month over month in the Long Short LP. Net credit exposure in the Multi Strategy LP was unchanged month over month and remained at 0% for the Long Short LP. The Consumer, Industrials, and Technology sectors detracted from performance in March, while equity index hedges led performance during the month. We discuss updates on key attribution drivers in the month of March below.
Alternative asset manager offering investment solutions that find a balance between asset protection and capital enhancement.
Alternative asset manager offering investment solutions that find a balance between asset protection and capital enhancement.