Stone House Partners performance update for the month of August 2017.
Low key concentrated hedge fund – backed by a few big names.
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Dear Partner,
Below please find the July 2017 performance update.
July 2017:
37.1%
YTD 2017:
157.4%
Since inception (April 2010):
465.5%
Annualized since inception: 26.6%
All performance numbers are preliminary unaudited estimates and net of all fees. Investment results reflect a 2% management fee and 20% performance allocation. Actual returns may differ due to class of shares and the timing of subscriptions.
Overview
Stone House is a New York based private investment firm founded in 2010. The firm invests with a concentrated, long-term, value-based approach and seeks to align itself with owner-oriented managers.
Performance
Management
Mark Cohen, Founder
Prior to founding Stone House in April 2010, Mark was a Senior Analyst at Force Capital Management. Mark received a B.S. degree in Economics from the University of Pennsylvania’sWharton School in 2004.
Kyle Altshuler, CFA, CPA, Chief Financial Officer
Kyle joined Stone House in December 2012. Prior to joining Stone House, Kyle was a Senior Financial Services Auditor for Rothstein Kass. He double majored and earned a B.S. of Accounting and Finance from the University of Delaware.
