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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