Brahman Bounces Back After Big May Gains

The firm’s strong performance last month has pushed it back into positive territory for the year.

Brahman Capital's largest position is in NRG Energy. (Daniel Acker/Bloomberg)

Brahman Capital’s largest position is in NRG Energy.

(Daniel Acker/Bloomberg)

Brahman Capital is back in the black…for now.

The hedge fund firm, which is hoping to post its second consecutive annual profit after losing money for three straight years, enjoyed a very strong May. As a result, it has moved closer to its high-water mark.

Last

To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.

Related