Legacy Ridge Capital Partners Equity Fund’s Q2 2022 Investor Letter

Legacy Ridge Capital, an asset management firm, published its “Partners Equity Fund” second-quarter 2022 investor letter – a copy of which can be downloaded here. The gross return for the fund in the first half of 2022 was 0.9%. Through May, the fund was up 19%, then the Federal Reserve raised interest rates 75bps instead of the initially expected 50bps and the bottom fell out. Go over the fund’s top 5 positions to have a glimpse of its finest picks for 2022.