Repo Liquidity Crisis: This Is It

Crescat Capital’s commentary for the month of March 2020, titled, “This Is It”, discussing the economic crisis and the repo liquidity crisis.Q4 2019 hedge fund letters, conferences and moreDear Investors:Many of you understandably have been asking for more frequent performance and positioning updates now that we are in a bona fide financial crisis. We are happy to oblige.Crescat Fund’s PerformanceThe good news is that since the market top on February 19 and through last Friday, Crescat Global Macro Fund LP is up approximately 40.5% net while Crescat Long/Short Hedge Fund LP is up 34.3%. At the…

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