Pernas Analysis Q2 2025 Funding Letter

[ad_1] Guido Mieth QTD YTD *ITD Overnas portfolio* 19.3% 10.5% 28.3% S&P 500 10.8% 6.0% 14.7% Russell 2000 8.5% -1.8% 7.1% DJ Industrial Common 5.4% 4.4% 12.1% Click on to enlarge *The ”Pernas Portfolio” is a non-public account managed by Pernas Analysis LLC. Efficiency inception date is 01/01/2017. Intervals longer than a yr are annualized. … Read more

Merion Street Capital Q2 2025 Investor Letter

[ad_1] Merion StreetSmall Cap Fund IWM(Russell 2000) Barclay HedgeFund Index MRCM LengthySolely Giant Cap SPY(S&P 500) AnnualizedSince Inception 15.2% 8.6% 6.2% AnnualizedSince Inception 13.5% 13.4% Q2 2025 3.9% 8.5% 5.1% Q1 2025 8.0% 10.8% 2025 (4.2%) (1.9%) 5.1% 2025 6.0% 2024 17.4% 11.4% 9.4% 2024 32.4% 24.9% 2023 11.5% 16.4% 9.3% 2023 38.7% 25.7% 2022 … Read more

Weitz Funding Administration Q2 2025 Letter To Shareholders

[ad_1] Purnama Sydik/iStock by way of Getty Pictures Most of what I find out about soccer I discovered from watching Ted Lasso. It seems that an “personal aim” happens when a participant unintentionally scores a aim in opposition to their very own group. Sadly, this embarrassing phenomenon involves thoughts nearly each day now as I … Read more

Giverny Capital Asset Administration Q2 2025 Letter

[ad_1] da-kuk To our purchasers & associates: For the second quarter of the yr ended June 30, 2025, the Giverny Capital Asset Administration (“GCAM”) mannequin portfolio carried out as follows:(1) GCAM Efficiency Quarter ended 12 months-todate ended One-year ended Threeyears ended 5-years ended *Annualized Since Inception 6/30/2025 6/30/2025 6/30/2025 6/30/2025 6/30/2025 6/30/2025 Portfolio Return -Internet … Read more

Baron Actual Property Fund Q2 2025 Shareholder Letter

[ad_1] Richard Drury Pricey Baron Actual Property Fund Shareholder: Baron Actual Property Fund® (the Fund) elevated 3.61% (Institutional Shares) within the second quarter of 2025. The Fund outperformed the MSCI US REIT Index (the REIT Index), which declined 1.46%, but underperformed the MSCI USA IMI Prolonged Actual Property Index (the MSCI Actual Property Index), which … Read more

Arquitos Capital Administration Q2 2025 Investor Letter

[ad_1] primeimages/iStock by way of Getty Photographs Pricey Companion, Arquitos returned 13.1% web of charges within the second quarter of 2025, bringing the year-to-date return to twenty-eight.8%. Particular person returns will fluctuate based mostly on timing of funding. Please test your assertion for particular outcomes. See web page 4 for extra detailed efficiency data. Uncertainty … Read more

Third Avenue Worldwide Actual Property Worth Fund Q2 2025 Letter (Mutual Fund:REIFX)

[ad_1] privetik Expensive Fellow Shareholders, ‍We’re happy to give you the Third Avenue Worldwide Actual Property Worth Fund’s (the “Fund”) report for the quarter ended June 30, 2025. Through the quarter, the Fund generated a return of +15.29% (after charges) in comparison with essentially the most related benchmark, the FTSE/EPRA NAREIT World ex-U.S. Index1 (the … Read more

Alluvial Capital Q2 2025 Letter To Companions

[ad_1] Galeanu Mihai The duvet picture reveals {a magazine} advert from 1948 for Farrow’s, a British producer of canned vegetables and fruit and different meals merchandise. Farrow’s was based within the mid-1840s and initially centered on manufacturing of mushroom ketchup and mustard, briefly changing into the biggest mustard producer in Britain on the flip of … Read more

How (and whether) you should write about a student’s identity or lived experience (including race) in a recommendation letter (with examples)

[ad_1] 1. Involvement in identity-based activities, groups or organizations Whether a student is part of an affinity group, language program, religious community, or anything in between, this is a key place to talk about a “formal” way that a student has been able to explore their identity. It communicates how a student intentionally spends their … Read more