Apparently the hedge fund's score of a billion dollars in net inflows this year, a quarter of which came from majority owner JPMorgan, is a sign that the industry is "back in the game," and investors across the board are reviewing their stance on getting the fuck out. Additionally, H-bridge is eliciting lots of oohs and aaahs (from the FT) for the flagship being up 7.2 percent year to date by the end of March, after losing 25 percent last year. Please also take note of the Long/Short Equity Fund's newfound persistence to (relatively) kill it, turning in this:
Highbridge Long/Short Equity Fund, L.P. posted a March estimated mid-month net return of +2.12%, bringing its year-to-date net return to +0.31%.
Highbridge Long/Short Equity Fund, L.P.
After this sad trombone:
The estimated net month-to-date return through March 6th, 2009 is (6.22)%, bringing the net year-to-date return to (7.88)%.
Highbridge Long/Short Equity Fund, L.P
Don't blow it now!
Highbridge's inflows signal return to funds [FT]