Deep Sail Capital, an investment management company, released its third-quarter investor letter. The fund returned 5.8% net of fees in the third quarter, outperforming the Russell 2000 Mid Cap Growth Index’s 0.4% return and lagging the Russell 2000 Index’s 12.4% gain. YTD, the fund returned 18.1% net of fees compared to 10.2% and 10.4% for the indexes. The long portfolio contributed to the fund’s performance in the quarter, while the short portfolio lagged amid the market’s fervor. For...



