EuropeFinance and Insurance

Hedge fund ups its stake in Scorpio Bulkers

Photo of Holly Birkett Holly BirkettFebruary 18, 2015
5 Less than a minute

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.

 

 

 

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Photo of Holly Birkett Holly BirkettFebruary 18, 2015
5 Less than a minute
Photo of Holly Birkett

Holly Birkett

Holly is Splash's Online Editor and correspondent for the UK and Mediterranean. She has been a maritime journalist since 2010, and has written for and edited several trade publications. She is currently studying for membership of the Institute of Chartered Shipbrokers. In 2013, Holly won the Seahorse Club's Social Media Journalist of the Year award. She is currently based in London.
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