2024-01-31 08:14:00 ET
Summary
- Fairlight Capital LLC is a Value-focused alternative asset manager based in Greenwich, CT.
- Fairlight Alpha Fund’s fourth quarter 2023 returns were 2.0% net of fees. This compares to 11.7% for the S&P 500 Total Return index.
- Overall, since inception the fund has returned 432.2% net of fees and 41.2% on an annualized basis.
- The next year is shaping up to be an exciting one. Although there are many geopolitical issues around the world, there are large advances being made across a variety of technological and business fronts, and we are optimistic.
Dear Partners,
Fairlight Alpha Fund’s fourth quarter 2023 returns were 2.0% net of fees. This compares to 11.7% for the S&P 500 ( SP500 )( SPX ) Total Return index. Overall, since inception the fund has returned 432.2% net of fees and 41.2% on an annualized basis.
Performance vs. the S&P 500
We track the net asset value of Fairlight Alpha Fund (the “Fund”) over time as calculated by our fund administrator based on our portfolio positions and prices over time on a dollar basis. The fund financials are also audited each year by an independent auditor with the assistance of the Fairlight management company and the fund administrator. ...
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For further details see:
Fairlight Alpha Fund Q4 2023 Letter