Fairlight Alpha Fund Q4 2023 Letter
miniseries Dear Partners, Fairlight Alpha Fund’s fourth quarter 2023 returns were 2.0% net of fees. This compares to 11.7% for the S&P 500 (SP500)(SPX) Total Return index. Overall, since inception the fund has returned 432.2% net of fees and 41.2% on an annualized basis. Performance vs. the S&P 500 We track the net asset value…