Praetorian Capital is one of 6 finalists in the Emerging Manager Category for Institutional Investor’s 2023 Hedge Fund Awards. Praetorian Capital was nominated alongside 8 Knots Management, CastleKnight Management, Irenic Capital, Two Seas Capital, and WHG (Wealth High Governance).
Although the award is for the calendar year of 2023 Institutional Investor highlighted that a more holistic approach was taken for choosing the finalists. They specifically reference performance in both 2022 and 2023 saying:
“Hedge funds, the poster child of active managers, are always defined by what they do in times of volatility.
The chasm between 2022 and 2023 was no different. Many hedge funds that were top performers in 2022 — when the markets reflected the pain of higher interest rates — did not change their strategies even as investors became more optimistic about the data in 2023. At the same time, many hedge funds that suffered in 2022 weren’t deterred in 2023 and benefited from their continued bullishness.
Hedge fund managers who were able to deftly negotiate the dramatically different markets of 2022 and 2023 are well represented among the nominees for Institutional Investor’s 21st Annual Hedge Fund Industry Awards.”
*References made to awards/industry affiliations are not an endorsement by any third party to invest with the funds managed by Praetorian and are not indicative of future performance. Investors should not rely on awards for any purpose and should conduct their own review prior to investing.
