Seminole dips in November, reduces exposure to tech, industrials
December 07, 2010
Suzy Kenly Waite
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,...
TAKE A FREE TRIAL
The full contents of this article are available to Absolute Return subscribers and trialists only.
To continue reading please, take a free trial, subscribe or log in.
Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.