EJF Puts Pandemic Woes Behind It

The firm’s flagship Debt Opportunities Fund has been on a roll for the past six months.

EJF is headquarters in Arlington, Virginia. (Bigstock photo)

EJF is headquarters in Arlington, Virginia.

(Bigstock photo)

The EJF Debt Opportunities Fund is back on track.

The hedge fund, which specializes in debt and other securities mostly in the financial services industry, was up 10.3 percent in the first quarter and about 20 percent over the past six months.

This is a reversal of fortune for the fund, which lost more than 16 percent in March 2020 and another 3 percent or so that April amid fears that the global economy was headed for a pandemic-induced depression.

The

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

Related