Seminole dips in November, reduces exposure to tech, industrials
By Suzy Kenly Waite
Tue Dec 7, 2010
Despite a slight dip last month, Michael Messner and Paul Shiverick’s $1.5 billion firm remains up for the year.
Seminole Management Company, which oversees $1.53 billion, dropped in November, with its flagship long/short equity strategy down 1.9%. It remains up for the year, however, posting 8.3% through last month.
The flagship fund, Seminole Capital Partners, was launched in November 1995 and now manages $1.384 billion. The offshore version of the fund was up six basis points in 2008,...
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