Wednesday, 24 August 2016
Last updated 10 hours ago
Dec 29 2010 | 4:46am ET
For the second straight year, Serengeti Asset Management is among the best-performing hedge funds.
The firm’s $750 million Overseas Fund is up 23.8% through November, The Wall Street Journal reports. Serengeti’s Repax financials fund is up 11% and its Lycaon Overseas fund, which invests in structured credit and liquidations, is up 13.6%.
Overseas returned 87% last year after dropping 50% in 2008. Rapax was up 41% last year.