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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