Senet Capital Management

Congratulations to Senet Capital Management for being ranked 7th out of 251 U.S. equity onshore hedge funds for annualized returns by With Intelligence, Eurekahedge, and HFM data.

2025 is off to a strong, albeit volatile start, with equities repeatedly selling off throughout January on tariff uncertainty but quickly recovering in subsequent sessions. Senet Capital Enhanced Equity Fund, LP returned 3.57% in January, net of all fees and expenses, with the S&P 500 returning 2.70% for the month.?

After a blistering rally for much of 2024, December decided it would step in as the voice of reason.?The S&P 500 ended the month down 2.49%, but finished the year with a total gain of 23.31%.?Senet Capital Enhanced Equity Fund, LP generated a net loss of 4.05% in December, but ended 2024 with a gain of 34.07%, net of all fees and expenses.

Hedge Fund Alert has released their latest profile on Senet Capital Management, covering our extraordinary year and how we are positioning for 2025.?A big thank you to Samantha Marcus for reaching out and telling our story.

The S&P 500 gained 5.73% in November, only briefly dipping mid-month before resuming its climb to all-time highs and it is now positive 26.47% for 2024.?Senet Capital Enhanced Equity Fund, LP generated net returns for November of 7.32%, and has gained 39.73% this year, again net of all fees and expenses.

Equity markets sold off modestly in October, with the S&P 500 down 0.99% for the month but still positive 19.62% for the year. Senet Capital Enhanced Equity Fund, LP also ended the month down 0.99%, net of all fees and expenses, bringing our year-to-date net gains to 30.20%.

September was another volatile month in equity markets.?Despite its tumultuous start, the S&P 500 ended the month up 2.02% and is now 20.81% higher for the year. For September, Senet Capital Enhanced Equity Fund, LP generated net returns of 3.61% and is up 31.50% year-to-date, again net of all fees and expenses.??

There have been just 8 instances since 1950 where the S&P 500 has gained between 15 and 20% in the first nine months of the year, and the average fourth-quarter return during those years was about 6%, according to data compiled by BMO Capital Markets. That’s roughly 50% higher than the average fourth-quarter return for all years. Invest accordingly.?

Firms with more than $5 billion under management account for nearly 73% of hedge-fund assets, according to research provider HFR.?But they do not account for 73% of the outperformance. ? If you are an allocator that has invested exclusively with large hedge funds and have been disillusioned with the results, Senet Capital Management would like to hear why.?Feel free to reach out to us directly.

The S&P 500 staged an astonishing recovery last month to end August with a gain of 2.28%. Senet Capital Enhanced Equity Fund, LP generated net returns of 4.74%, bringing our year-to-date net returns for 2024 to 26.92%. Enjoy the read!