The HGC Arbitrage Fund LP (the “Fund”) is a Merger Arbitrage fund that has assets in excess of $200 million which targets over 70% exposure to definitive deals. The Fund specializes in the North American small and mid-cap market. Other primary objectives of the Fund are short duration (quick portfolio turnover) and high liquidity. The Fund seeks to further enhance returns through actively trading deal spreads both long and short.

HGC LP20180.90%0.90%83.91%
HGC LP20170.56%0.51%0.46%0.51%0.61%0.88%0.49%0.60%1.07%0.12%-0.42%0.54%6.09%
HGC LP20161.67%1.19%1.32%0.43%1.56%0.64%1.13%0.96%0.46%0.46%0.88%1.50%
HGC LP20150.71%1.14%1.59%0.09%1.14%0.58%0.11%0.47%0.28%0.79%0.26%0.61%8.03%
HGC LP20140.54%3.19%7.14%1.97%3.68%2.95%1.75%0.30%1.28%-0.11%1.19%-0.59%25.66%
HGC LP20130.52%0.39%1.09%1.23%4.29%1.19%2.86%12.10%


HGC Fund Chart


PDF | January 2018 Investor Letter

PDF | HGC Arbitrage LP – Investor Presentation



* Performance returns are of the lead series of Class A units
** Inception June 12, 2013
*** S&P/TSX Comp Total Return Index – The TSX Total Return Index is a widely-known equity index of Canadian large-cap companies. Investing in US and Canadian equities long and short is the primary strategy for HGC as part of the merger arbitrage strategy but HGC does not invest in all or necessarily any of the securities that compose the market indices. Reference to the indices does not imply that HGC will achieve returns similar to the indices.
****Hedge Fund Research Inc : Merger Arbitrage Index – Performance is subject to minor variances due to independent manager trailing reporting.
+ Please see legal disclaimer for further information on performance.