Tom Hudson’s Doubloon Capital gains 15.64% through August
By Lawrence Delevingne
Fri Sep 24, 2010
Pirate-themed Pieces of Eight fund is claiming its booty.
Pirate Capital founder Tom Hudson’s resurgence
is underway. Launched January 1, his Doubloon
Capital’s flagship Pieces of Eight fund is up
15.64% through August.The Wilton, Conn. manager targets
distressed companies, including bankruptcies, investing a
majority of its portfolio in high-yield corporate debt and
preferred equities. As of the end of August, Pieces of Eight
was comprised of roughly 22% common equity, 40% preferred
equity, and 38% corporate debt, according...
ISSN: 2151-1845 / CDC10004H
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