Saturday, 1 August 2015
Last updated 21 hours ago
Jul 23 2009 | 2:24am ET
Rangeley Capital certainly had a quarter for the ages.
The two-and-a-half-year-old event-driven hedge fund soared 50.8% in the second quarter, the firm said in its first-half update to investors. And it needed to: Rangeley erased its first-quarter losses, and finished the first six months of the year up 15.7%, well above the average hedge fund, according to several hedge fund indices.
New Canaan, Conn.-based Rangeley was founded by former Mangan & McColl Partners analyst Christopher DeMuth, and launched its hedge fund in January 2007.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…