Crescat Capital Quarterly Investor Letter Q3 2015

Download Letter (PDF)August 26, 2015Crescat Capital’s Quarterly Investor Letter, Q3 2015Dear Investors,China’s economic crisis is in full swing and Crescat has been well positioned for it. The People’s Bank of China has begun unpegging its currency this month, just as Crescat had been predicting. As we explain below, we think it is only the beginning of further yuan devaluation. Through […]

Crescat Capital Quarterly Investor Letter Q2 2015

Download Letter (PDF)June 12, 2015Crescat Capital Quarterly Investor Letter Q2 2015Performance UpdateWe are pleased to report that the Crescat Global Macro Fund was recently named one of the top-ten performing global macro hedge funds by BarclayHedge for the three years ended 3/31/2015. As shown in the table below, all three Crescat strategies performed strongly in Q1 while the S&P 500 […]