Alluvial Fund Third Quarter 2025 Letter To Partners

Galeanu Mihai/iStock via Getty Images Dear Partners, I am pleased to report that Alluvial Fund produced a return of 15.5% in the third quarter, bringing our 2025 total return to 33.6% and strongly outpacing all relevant benchmark indexes. This is the third-best quarterly result in the fund's nine-year history. I certainly cannot promise that the remainder of this year or next year will be as prosperous, but I will do everything in my power to deliver. I ask, as I do every time that Alluvial's numbers l ...