Alluvial Fund 4Q21 Commentary: Tim (TIMB)
Alluvial Fund commentary for the fourth quarter ended December 31, 2021. Q4 2021 hedge fund letters, conferences and more Dear Partners, Alluvial Fund closed out an excellent year on a quiet note, returning 0.5% in the fourth quarter. For the full year, Alluvial Fund rose 31.0%, nearly double the returns of benchmarks. 2021 was the finest year in Alluvial Fund’s history, the first in which our net return to limited partners exceeded 30%. This new year also marks a milestone for the fund: five full years of operations! This milestone leads me to contemplate both the fund’s history and its futur...