Distressed Debt 1 – HedgeCo’s Top Ranked CAGR of 34.76 % with a Negative Beta of -0.58

  June 2018 Month-End Tear Sheet We are up 0.10% Year-to-Date 2018. . Distressed Debt 1 has a negative Beta of  -0.58   Distressed Debt 1 has an Alpha of 3.40 .. Distressed Debt 1 Hedge Fund – Investor Presentation .. On 6-30-2018, Distressed Debt 1LP had the following rankings by HedgeCo.net (a database that tracks the performance of 9,000 Hedge Funds)   1st for Best Compound Annual Growth Rate (CAGR). 4th Highest Sharpe Ratio (annualized). Distressed Debt 1 (DD1) had the following performance compared to the S&P 500.   We are one of very few hedge funds that have historically outperformed the S&P by over 300 percent, while also producing a negative Beta.   For more information or questions concerning Distressed Debt 1 (DD1), please ask here and we will Read More …

Distressed Debt 1 – HedgeCo Top Ranked CAGR of 36.66 % with a Negative Beta of -0.61

May Month end Tear Sheet   We are up .26% for the Month of May and 2.20 % Year-to-Date for 2018. . Distressed Debt 1 had a negative Beta of  -0.61 Distressed Debt 1 had a Alpha of 3.55 .. See Distressed Debt 1’s Investor Presentation. .. On 6-8-2018, Distressed Debt 1 had the following rankings by HedgeCo.net (a database that tracks the performance of 9,000 Hedge Funds)   2nd in Best Compound Annual Growth Rate (CAGR). 21st Best Year-to-Date (YTD) Performance. 9th in Highest Sharpe Ratio (annualized). Distressed Debt 1 (DD1) had the following performance compared to the S&P 500.   We are one of very few hedge funds that have historically outperformed the S&P by over 300 percent, while also producing a negative Beta.   For more information or Read More …

Rolta Debentures – News – Sign Up for Email Updates

See our last Rolta article below the Vote Update. Rolta Vote Update Contact Form Rolta most recent update. Rolta Vote update – Distressed Debt 1   Rolta, without our knowledge of any public disclosures (that we can Identify) has extended the voting period. Rolta’s website claimed that the vote ended the 23rd of March, 2018, but it is our belief they are calling people to make special considerations aimed at changing their vote before they officially start counting. They confirmed today, (3-27-2018) that the vote counting has not even started. We estimate that by accepting Rolta’s bond debt offer,  Rolta could return as low as 35 cents on the dollar. Please first review our first letter why to vote no. Mr. Singh (Managing Director & CEO of Rolta, also the Read More …

Bloomberg Article on Rolta

Shortly after writing our last article on Rolta India’s restructuring proposal, “In Response to Rolta’s Restructuring Support Agreement“, we were contacted by a reporter from Bloomberg covering the story for a phone interview with Randy Durig.  The notes from the interview can be found below.   Rolta Debt Plan ‘Misguided,’ Better Deal Needed, Hedge Fund Says By David Yong, Bloomberg (Bloomberg) — Rolta India’s plan to restructure about $500m of defaulted notes is unlikely to succeed because it imposes bond haircuts while preserving equity holders, according to U.S. hedge fund Durig Capital, Inc. “The bond restructuring plan is misguided,” CEO Randy Durig says in a phone interview from Oregon. “These past two years, we have been playing a game of rewarding stockholders first at the demise of bondholders”. “In a Read More …