Dorsal’s Long-Short Fund Posted Gains — Without the Whiplash-Inducing Volatility of the Markets. How?

The firm headed by ex-SAC tech specialist Ryan Frick has generated strong returns with a low net exposure.

Tencent was on of Dorsal's five largest longs at the end of June. (Justin Chin/Bloomberg)

Tencent was on of Dorsal’s five largest longs at the end of June.

(Justin Chin/Bloomberg)

Many long-short hedge funds that specialize in technology and internet stocks this year suffered sharp losses during the market selloff from late February to late March and then abruptly staged a rebound amid the market’s subsequent surge — but that has not been the case with Dorsal Capital Management.

Its

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