Silver Beech Capital, a value-oriented investment management firm, released its first quarter 2024 investor letter. The fund returned 8.4% in the first quarter net of fees compared to 10.6% for the S&P 500 and 5.6% for the Russell 2000 index. Since inception, the annual compounded return of the fund is 23.3% equating to 11.3% annualized outperformance over the S&P 500. The firm is focusing on making strong investments in the long term. In addition, please check the fund’s top five holdings to know its best picks in 2024.
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