Credit Funds Post Small First-Quarter Gains

Several high-profile firms beat the Gapstow composite index for the period.

Illustration by II

Illustration by II

Credit funds generally posted respectable gains in the first quarter.

The Gapstow Capital Partners composite performance index gained 1.3 percent for the period, while several individual strategies fared much better. Just two of the 16 individual sub-strategies tracked by Gapstow were in the red for the quarter.

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