Ace River Capital’s Q4 2023 Investor Letter

Ace River Capital, an investment management company, released its fourth quarter 2023 investor letter. In the fourth quarter, the fund delivered 4.44% compared to an 11.7% and 14% return for the S&P 500 (SPX) and the Russell 2000 (RTY) respectively. For the full year, the fund delivered a -28.61% return vs 24% and 15.9% for the indexes, respectively. In addition, you can check the top 5 holdings of the fund to know its best picks in 2023.

A copy of the investor letter can be downloaded here.