Hedge fund manager Pelham Capital’s flagship long-short fund is now down 28% so far in 2022, having taken a 7% hit in April, according to a report by Bloomberg.
Hedge fund manager Pelham Capital’s flagship long-short fund is now down 28% so far in 2022, having taken a 7% hit in April, according to a report by Bloomberg.
A recent investor letter reveals that fall is the fund’s worst in 15 years of trading. It’s previous biggest full-year decline was 13.7% in 2018.
Goldman Sachs Asset Management’s Petershill unit has a stake in
Pelham, which was founded by former Lansdowne Partners money manager Ross Turner in 2007, is part-owned by Goldman Sachs Asset Management’s Petershill unit.