- Alta Fox Capital is a long/short hedge fund.
- In Q1 2021, the Alta Fox Opportunities Fund produced a gross return of 26.24% and a net return of 20.78%. The Fund’s average net exposure during the quarter was 93.70%.
- Alta Fox’s first co-investment offering related to our Collectors Universe activist position produced a net return of 305.17% since its inception in May of 2020.
- We remain focused on business fundamentals and buying great assets at cheap prices. Fortunately, there were many opportunities in Q1 2021. Our most notable purchase this quarter in the “gem” category was Pollard Banknote.
For further details see:
Alta Fox Opportunities Fund Q1 2021 Quarterly Letter