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.
Tourlite returned -2.0% in Q3 2025 as a speculative, liquidity-fueled rally favored lower-quality assets over fundamental spreads, prompting the fund to maintain low net exposure while positioning for an eventual unwind.
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Tourlite returned -2.0% in Q3 2025 as a speculative, liquidity-fueled rally favored lower-quality assets over fundamental spreads, prompting the fund to maintain low net exposure while positioning for an eventual unwind.