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Opalesque Exclusive: Taylor Fund up 11.13% as manager continues to use broad range of strategies
Taylor Fund, L.P. announced today an 11.13% gain for the month of December and fourth-quarter 2008. This return is net of all costs and expenses.
Stephen Taylor, chairman and CEO of Taylor Fund said: “When we announced the launch of this fund several months ago, many people thought we were crazy. We respectfully disagreed. It remains our opinion that the current market environment represents a great time for making long term investments.”
A Chicago-based multi-strategy investment fund, the Taylor Fund, L.P. focuses primarily on small cap domestic stocks, with a current emphasis on selected emerging markets, basic industries, mining, real estate, and financial companies. “Personally, I don’t like our fund to be categorized,” said Taylor. “… Despite tremendous pressure in the fund business to commit to a narrow niche, we believe that is counter-productive. In periods like this, it is important for a manager to have a broad range of strategies from which to choose.”
Opalesque Note: the fund launch was announced in October: Source
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