Skip to main content

Backdoor Capital Reports Robust 3% Monthly Returns for Investors

NEW YORK, NY / ACCESSWIRE / August 29, 2024 / Backdoor Capital, a leading hedge fund specializing in diversified investment strategies, is pleased to announce an exceptional performance record with a 3% monthly return to investors for the period ending of June, 2024. This noteworthy achievement underscores the fund's effective investment approach and commitment to delivering strong financial results.

The hedge fund's performance reflects its strategic focus on dynamic asset allocation and rigorous risk management, aimed at capitalizing on market opportunities while safeguarding investor capital. Over the past month, Backdoor's fund managers have leveraged their expertises in equity long/short to navigate market fluctuations and generate consistent returns.

Key Highlights:

Monthly Return: The hedge fund achieved a 3% return in June, 2024, demonstrating strong performance and resilience in the current market environment.

Year-to-Date Performance: The fund's year-to-date return stands at 25.08%, reflecting sustained growth and strategic investment success.

Backdoor manages approximately $100M, with a diversified portfolio designed to optimize returns across various market conditions.

"The monthly returns have been consistent with what we promised our investors for two years in a row," said Backdoor Capital's fund manager Larry Braun. "Our team remains dedicated to executing our investment strategy with precision and leveraging our insights to achieve superior results for our investors."

The fund's robust monthly performance is attributed to its disciplined investment approach, which includes a combination of quantitative analysis, macroeconomic research, and sector-specific insights. Backdoor continues to focus on delivering value through a disciplined strategy and maintaining a high level of transparency with its investors.

About BackDoor Capital:

Founded in 2021, Backdoor Capital is a premier hedge fund specializing in multi-strategy, alternative investments in global markets. With a commitment to innovation and excellence, the fund leverages a deep understanding of market dynamics to drive superior performance and manage risk effectively. Backdoor is headquartered in New York City, and offices all around the world with dedicated team of professionals focused on delivering exceptional results.

Disclaimer: Past performance is not indicative of future results. Investment in hedge funds involves risks and may not be suitable for all investors. Please consult with a financial advisor before making investment decisions.

Media Details
Company Name: Backdoor Capital
Mail: partner@backdoor.capital
City & Country: New York, USA
Website: https://www.backdoor.capital/

SOURCE: BACKDOOR CAPITAL



View the original press release on accesswire.com

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.