Investor Letter - Wahdy Capital up 7.8% in February
How Generative Ai is shaping the Technology Sector.
Dear Investor:
In February, Wahdy Capital generated 7.8% in the Long/Short Equity strategy. Our strong performance lifted our year-to-date returns to 16.8% as we continue to capitalize on our investment themes in 2024. Our macro book added 44bp in the month, and Net Exposure ended February at 26.2%. We are pleased with our performance in the month, with 9 longs and 2 shorts each contributing over 50bp in the month.
This month’s letter examines the impact of Generative AI in the technology sector.
