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 Capi