Prism fund drops 28.5% in first quarter

Fri Apr 11, 2008

Delta Partners’ flagship hedge fund has suffered its largest quarterly loss this year since its 1999 inception as the fund’s long and short positions both failed to perform. The onshore version of the strategy, Prism Partners, dropped an estimated 28.5% in the first three months of the year, while the larger Prism Offshore Fund lost an estimated 24.2%.

Prism Partners, the $197 million Boston, Mass.-based equity long/short...

ISSN: 2151-1845 / CDC10004H

Free Trial

Take a trial today and access

  • Performance news, fund launches, regulation changes and people moves
  • Profiles of fund managers, investors and distributors
  • Live league tables
  • Investor mandates

Popular Searches on HFI