Tunnelbrook Capital | Hedge Fund Notes
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Resource #1: (4.22.09) While most hedge funds suffered redemptions and drawdowns last year, one Coral Gables, Fla., firm was all smiles as investors rewarded its solid performance with new money.
Tunnelbrook Capital’s Prima Fund, a quantitative equities offering, returned 13.47% last year on the strength of fear and panic in the markets, according to CEO Stephen Malloy. The fund, which focuses on mid- to large-cap U.S. equities, is a countertrend, short-term minded hedge fund trading intra-day and focusing on reversals in the market. source
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