Browse the world's most comprehensive database of hedge fund investor letters, sorted by recent quarter. Access primary source research from leading institutional managers.
Browse the world's most comprehensive archive of hedge fund manager letters. Access primary source research from leading institutional managers, sorted by reporting period.
The African Lions Fund surged 67.21% in 2025, outperforming major benchmarks. Despite tripling capital since inception, the portfolio remains remarkably cheap at a 6.1x forward PE with an 8% expected dividend yield.
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The African Lions Fund surged 67.21% in 2025, outperforming major benchmarks. Despite tripling capital since inception, the portfolio remains remarkably cheap at a 6.1x forward PE with an 8% expected dividend yield.