We are pleased to issue Iberville Capital, L.P.’s Q3 2020 Performance Update.
The Fund’s net asset value (“NAV”) increased 3.18% during the quarter ending September 30, 2020, resulting in an annualized return net to investor of 14.89% since inception.
The Fund participated in its usual selection of Louisiana tax lien auctions while constructing Vintage 2020 (composed of all investors and investments in calendar year 2020). In addition, we participated for the first time in auctions in Mississippi and Tennessee as part of our long-term strategy to diversify our geographical footprint and build an investment platform capable of scaling to deploy substantially more capital.
Thank you for your continued interest and sharing our excitement as we grow together.