MKP Opportunity Fund Up 2.7% In May

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.

 


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