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June 05, 2019  

Event-Driven Clearfield on a Tear

Clearfield Capital is off to a strong start this year.At the end of May, the event-driven Clearfield Master Fund was up 27%, compared to a 9.8% increase for the S&P 500 Index. Clearfield’s fund gained nearly 1% last month, compared to a 6.4% drop for the S&P.Clearfield’s performance looks especially impressive compared to the HFRX Event Driven Index, which was down 0.8% year-to-date as of May 31.The New York firm, led by Phil Hilal,...

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