MacNicol’s The Alternative Commentary- March 24, 2020
The Absolute Return Fund through its partnerships invests in Latin America (LATAM) and our distressed debt program was impacted and impacted significantly. As today is March 24th, 2020, I am not in a position to discuss specific performance metrics of the fund just yet but will detail them in the fund’s section of the Alternative Asset Trust’s Q1’20 report. Since the fund also invests in a variety of other structures outside of LATAM, it is important to note that the ensuing comments apply to a portion of the fund and not the entire fund.
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