The Heard Opportunity Fund LLC, a hedge fund that invests in the telecom, media, technology, financials, industrials and energy sectors, returned 6.7% in 2016, and 33.8% since its July 2011 inception - compared to the HFRX Equity Hedge Index's respective returns of 0.10% and 4.6%. And in the first quarter of 2017, it gained 3.2% versus the index' re