Sacerdote’s Whale Rock Posts Best-Ever Year

The TMT firm’s long-short fund earned record gains, while its Long Opportunities fund enjoyed a killer debut year. was Whale Rock's largest U.S. long in 2020. (Chris Ratcliffe/Bloomberg) was Whale Rock’s largest U.S. long in 2020.

(Chris Ratcliffe/Bloomberg)

Whale Rock Capital Management is the latest example among a growing list of hedge funds that enjoyed their best year ever in 2020.

The Boston firm’s flagship long-short fund gained 71 percent last year, according to a person familiar with the results. Its Long Opportunities fund, which launched at the beginning of 2020, surged 86.2

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