Stanphyl Capital Management is a New York-based hedge fund that was launched by Mark Spiegel in 2011. Before launching his own hedge fund, Mark Spiegel sharpened his investment skills at Piper Jaffray & Co. where he served as a Principal and assisted in managing private investments in public companies often of micro market caps. The fund, which relies on long/short strategy, recently published its investor letter, a copy of which you can download below. In it, among other things, the fund...
