Opalesque Exclusive: Chicago small-cap long-bias hedge fund up 34 since November inception

Alternative Market Briefing

Opalesque Exclusive: Chicago small-cap long-bias hedge fund up 34% since November inception

Wednesday, July 01, 2009

Chicago-based Taylor Fund, L.P. announced today a 15.35% gain in May. This follows a 21.5% gain for the month of April. The fund’s total (net) gain now is 33.76% since its inception on November 15, 2008.

“We are very pleased to have substantially outperformed the broader market during our first six months. We delivered a return of 33.76% versus 1.6% by the Dow, “said Steve Taylor, Chairman and CEO of the Taylor Fund. “The unprecedented economic events of the past year continue to present numerous opportunities. We will continue to deploy the fund’s capital into the appropriate priced securities.”

According to the most recent Barclay Hedge Report, Taylor Fund was ranked #7 world-wide in their “Equity Funds - Long Bias” category. The fund’s performance results were calculated by their independent administrator, Transcontinental Fund Administration (TFA) of Chicago.

The Taylor Fund, L.P. an event driven, small cap focused, long bias hedge fund, is managed by Taylor Asset Management, Inc. It focuses primarily on domestic small-cap stocks, with an additional emphasis on selected emerging markets. Areas of industry focus include finance, mining and precious minerals, air transport, hotel and gaming. The fund traditionally has a long bias and use a combination of macro/top-down economic and political analysis and company specific/bottom-up research.

The Taylor Fund LP is currently closed to new investors. jeff@taylorfund.com.......................

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