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