Alluvial Fund 4Q20 Commentary: P10 Holdings
Alluvial Fund commentary for the fourth quarter ended December 31, 2020, discussing P10 Holdings, Nuvera, Communications, LICT Corporation and Crawford United. Q4 2020 hedge fund letters, conferences and more Dear Partners, It was a good ending to a good year. The fund returned 18.1% in the fourth quarter, bringing our full-year return to 28.4%. Since inception, Alluvial Fund has delivered annualized returns of 15.7%. As a fellow investor, I am pleased with these results, but I believe the best times for Alluvial Fund are still ahead. US markets have enjoyed a meteoric rise since late October,...