EuropeFinance and Insurance
Hedge fund ups its stake in Scorpio Bulkers
Monaco: Hedge fund Aristeia Capital has upped its stake in Scorpio Bulkers, US SEC filings show.
The New York-based company now holds 9,580,000 shares in the Monaco-based shipowner, which is today equal to a 5.35% holding and currently worth over $19m.
Last year, the investor held 3.76% of the company, owning 7,851,308 shares.