We are on track for a very successful year!
We are over halfway through 2017 and very happy with our Year-to-Date returns.
Even after a lackluster quarter (wherein Goldman Sachs bond trading revenues slumped 40%), we yet again appeared to significantly outperform our peer grouping. On 8-3-2017, Distressed Debt 1 was ranked 2nd nationally in (CAGR) according to HedgeCo.net and their data base of over 9000 Hedge Funds.
In 2016 we were the ranked as the top performing Hedge Fund in the nation by Hedgeco.net.
We re-positioned a significant portion of the portfolio in May, with a goal of bettering our positions for the second half of 2017.
Distressed Debt 1 is also proud to announce AI – The voice of Corporate Finance, has awarded us:
Best Distressed Debt Hedge Fund