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.
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