Here is the most recent Perry Capital letter.
I know a number of people from Perry's credit desk and have spoken with the head of the team in the past. Fantastic group of people. Credit + credit derivatives now ~40% of the fund. The fund looks to be performing well. And I agree, Ford Motor Credit, at about October 2008 of last year, was one of the fattest pitches I have seen in a while.
Enjoy the letter!