The stake of Elliott has reached 16.5% of Proprietatea Fund (FP) - financiare.ro
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News » February, 2013 » 1 February 2013

The stake of Elliott has reached 16.5% of Proprietatea Fund (FP)
01.02.2013, 00:00 | Capital Markets | 447 views



Over the last trading sessions, Manchester Securities, a company controlled by American hedge fund "Elliott Associates", has acquired over 73 million shares of the Proprietatea Fund (FP), representing over 0.5% of its share capital.

Following these transactions, "Elliott" has come to hold over 16.5% of FP. The American fund, led by Paul Elliott Singer, is the biggest shareholder of the Proprietatea Fund.

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