Contrary to my initial impression about Delaware Street Capitalthat that it is a similar kind of hedge fund as HFA, I recently found that it is more a private-equity type of fund rather than a hedge fund.
It is not a large fund (assets is around $110m-120m), but it invests selectively with significant investment in troubled or deep undervalued companies. Its performance has been pretty good: 23% annulized return over 5 year period.
Please do your own research.
Contrary to my initial impression about Delaware Street...
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