Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Ascend Capital 2014 Q3 Investor Letter

Insider Monkey has seen a copy of Ascend Capital's 2014 Q3 investor letter. Malcolm Fairbairn founded Ascend Capital in 1999. Ascend Partners Fund I returned a cumulative 305% between January 1, 2000 and September 30, 2014. This translates into an annualized return of about 10%, vs. around 4% for the S&P 500 Index during the same period. Ascend Partners Fund II, which was launched in 2004 underperformed...