Tuesday 1 May 2012

Donald Tepper and Louis Bacon Split Themselves Off A bit of Citi


Moore Capital, a $15 billion hedge fund founded by Louis Bacon, purchased 40.9million Citigroup shares in the period finished December 31st, according to a U.S. Securities and Exchange Commission submitting yesterday. The stake was approximately worth $194 million at year-end. Appaloosa, the actual hedge fund started by Donald Tepper, doubled its holdings in the bank operate by Chief Executive Officer Vikram Pandit.
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2 comments:

  1. Did they actuallt split. Would like to hear more about this...

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    Replies
    1. yes they did,,,read more at http://dealbreaker.com/2011/02/david-tepper-louis-bacon-break-themselves-off-a-piece-of-citi/

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