While the market declined more than 20% during the first half of 2022, BlackBird outperformed by nearly 15%. This is a reflection of the conservative approach inherent in our DNA.
CoronaVirus at BlackBird
At the start of one of the greatest crises our country has ever faced, markets were plummeting with no end in sight. The panic was palpable on Wall Street and across the business community in the United States. Under those circumstances, BlackBird found several fantastic investment opportunities, and in this letter we urged our Limited Partners to invest any excess capital they had available.
