Skip to main content

Center Lake Capital: Enterprise Software Stock Picking

Long bias hedge funds have had a tricky year, with negative performance of -0.36% year to date, according to Preqin. However, one fund in particular is doing very well with returns over 40% net of fees year to date and it looks set to continue. Center Lake Capital (CLC) is a long-biased fund specifically focused on technology, media and telecommunications (TMT) and software companies. It was set up in December 2014 by Adam Parker who was previously portfolio manager at Point State Capital where he also managed technology sector risk in equities. Parker started CLC to continue the strategy; managing risk in...