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.
FPA Crescent delivered an 8.36% return in Q2 2025, maintaining a cautious 63.5% risk asset allocation while capitalizing on a brief April market dip to deploy capital into high-conviction SMID and international positions.
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FPA Crescent delivered an 8.36% return in Q2 2025, maintaining a cautious 63.5% risk asset allocation while capitalizing on a brief April market dip to deploy capital into high-conviction SMID and international positions.