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Alternative Market Briefing

Gondor Capital’s two hedge funds post double-digit gains in 2015

Tuesday, January 26, 2016

Komfie Manalo, Opalesque Asia:

New York-based hedge fund firm Gondor Capital Management has reported that its two funds, the domestic Gondor Partners LP was up +12.18% and the offshore fund Gondor Funds LTD was up +10.61% outclassing the HFRX Equity index which declined -2.33% as well as the S&P 500 index which fell approximately -2.6% last year.

Vincent Au, Portfolio Manager at Gondor Capital Management, said that the firm has outperformed most long-only funds, long/short funds, and more famous activist funds. Gondor’s performance is beating several of the hedge fund indexes including the HFRX, BarclayHedge, Preqin and Evestment, Au boasted.

"Despite the global market turmoil and downturn, both our funds are currently profitable and positive for January 2016," Au said. "Since Gondor was launched in 2013, the financial markets have experienced several different cycles. And despite the ever changing climate, our results have remained consistent. Though candidly, as the markets have evolved, I have adapted and refined the strategy making it better. I am always happy to be a student of the market as long as it doesn't cost me anything. And even if the lesson creates a loss, my goal is to learn from it and profit from it the next time the scenario presents itself."

For 2016, Au is keeping a close eye on several headwinds in the global economy. These include currency risks, interest rates, high-yield debt, and ear......................

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