The document is a performance report for ADW Capital Partners, L.P. for the fourth quarter of 2014 and the year 2014. It includes gross and net returns, comparisons with major market indices, and a portfolio update. The report discusses the fund's strategy, market observations, and operational updates. It emphasizes the fund's long-term, tax-sensitive strategy and its focus on avoiding permanent capital loss. The report also includes important notes about the risks and considerations of investing in the fund.
documents/EFTA00620144.pdf
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