Alternative Investment Posts
In the fourth quarter, The Spitfire Fund L.P. (the “Fund”) was up +21.0% (net), compared to the Russell 2000, S&P 500 and HFRI Equity Hedge Index which were up +6.2%, +7.5% and +4.0%, respectively. For the full year, the Fund was down -14.1% (net), compared to the Russell 2000, S&P 500, and HFRI Equity Hedge Index which were down -20.5%, -18.1% and -10.4%, respectively. Since inception, the Fund has achieved a cumulative gross return of +378.2%2, representing a compound annual return
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