Sunday, 28 August 2016
Last updated 1 day ago
Jun 8 2012 | 8:26am ET
May was a rough month for many hedge funds, but apparently nobody told the MKP Opportunity Fund—the global macro vehicle was up 2.77% for the month.
That brings the $2.3 billion fund’s year-to-date gains to 4.07%, a source familiar with the returns told FINalternatives.
Launched in 2001, the Opportunity fund is managed by MKP Capital Management founder and CEO Patrick McMahon.
MKP, with $4.8 billion in assets under management, is based in New York and has an office in London. In addition to the global macro fund it runs a structured credit strategy.