Performance profile: Strong March for Ader's Hayground Cove


Hayground Cove Asset Management, the $1.45 billion hedge fund firm founded by Jason Ader, posted notable returns in March on gains across a diversified group of equities.

Hayground Cove Institutional Partners, Ader's flagship global long/short equities portfolio, netted a gain of 2.52% for the month to total 5.79% for the year to date. Hayground Cove Turbo Fund, a levered, concentrated version of the flagship, netted a 4.59% gain for the month to total 10.65%, while Hayground Cove Equity Market Neutral Fund, a market-neutral version of the flagship, climbed 2.6% for a year-to-date total of 4.78% through March.

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