Alluvial Capital Management 2Q21 Commentary
Alluvial Capital Management commentary for the second quarter ended June 30, 2021. Q2 2021 hedge fund letters, conferences and more Dear Partners, Alluvial Fund, LP continues to enjoy a good year, returning 7.0% in the second quarter. Returns for the quarter, year-to-date, and since inception periods comfortably exceed all relevant benchmarks. Since the quarter’s end, markets have re-discovered the concept of risk, with indexes declining high single digit percentages before staging a partial recovery. Turns out, the economy is complex and a rapid return to pre-pandemic conditions is not guaran...