Another one goes long the stock.
In a regulatory filing, hedge fund Perry Capital, once the third largest holder of J.C. Penney stock, revealed that it dumped about half its stake in the company. The fund, with about $US4.8 billion in assets under management, cut its stake from 8.62% of the company down to 3.28%, according […]
Hedge fund manager Richard Perry, the founder of Perry Partners, attended his wife Lisa’s Mercedes Benz Fashion Week show where she presented her 2013 spring collection.
[credit provider=”PerryCap.com” url=”https://www.perrycap.com/PER0014/WEB/me.get?web.home&SSLREDIRECT=3bb41f5aeb08ce1433d5fe0bd2fef5180cc0938726480ce3ce00c42f9885″] New York-based hedge fund Perry Capital’s founder, Richard Perry, told a group of investors at a charity event in Chicago that he’s long GSEs (government-sponsored enterprises).What’s interesting is many believe that GSEs such as Fannie Mae and Freddie Mac are to blame for the financial crisis.