The Upside: Mudrick’s distressed fund milks middle-market opportunities

By Simone Foxman

Wed Jul 30, 2014



Contrarian veteran enjoys big first-half wins.


   
   
Even among funds trading distressed debt—the year's most profitable strategy—Mudrick Capital Management has been an outperformer. The firm’s flagship Distressed Opportunities Fund, which celebrates five years this month, has generated a return of 16.37% during the first six months of 2014, well ahead of the 6.56% rise in the Absolute Return Distressed Index. Those results made Mudrick a shoo-in for this month’s installment of The Upside, which highlights an exceptional fund in the Absolute Return database.

The flagship fund...

ISSN: 2151-1845 / CDC10004H

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