Bonhoeffer Capital Management, an asset management company, released its first-quarter 2024 investor letter. A copy of the letter can be downloaded here. In the first quarter of 2024, the fund ...

slower-than-expected market growth due to slower than expected bank merger and acquisition activity and/or bank failure rates; higher-than-expected efficiency ratios; and a lack of new investment ...

Bonhoeffer Capital Management, an asset management company, released its third-quarter 2024 investor letter. In the third quarter of 2024, the fund returned a gain of 11.3% net of fees compared to 7.7 ...

Throughout 2024, we transitioned to faster-growing firms in temporarily depressed sectors, aligning with our long-term growth themes like consolidation, affordable housing finance, and infrastructure ...