Patrick McCormack, the manager of hedge fund Tiger Consumer Management, decided to bet against rival David Einhorn in the third quarter. McCormack's $2 billion fund jumped into two stocks that Einhorn, founder of $8 billion Greenlight Capital Management and one of a handful of savvy traders who can move markets with his "short" calls, has said publicly he is shorting, or betting against.
Quarterly regulatory filings for Tiger Consumer show McCormack acquired a 280,000 share stake in Chipotle Mexican Grill Inc and increased his fund's stake in Green Mountain Coffee Roasters Inc by 500,000 shares to 1.5 million shares. Einhorn, one of the $2 trillion hedge fund industry's most closely watched managers, has given presentations questioning the prospects for both Chipotle and Green Mountain Coffee.
READ MORE BELOW AS YOU ENTER THE WORLDS OF @CNBC,@Reuters,#PatrickMcCormack,#DavidEinhorn Tags: private equity,benny quetell,@resilient_ent, resilient media entertainment,venture capital,hedge funds,investment banking,twitter,facebook,linked in,stumbled upon,digg,pinterest,billionaires,hollywood,celebrities,public relations,marketing,pr,business,money,forbes,film finance,mashable,video gaming,technology keywords: private equity,benny quetell,@resilient_ent,resilient media entertainment,venture capital,hedge funds,investment banking,twitter,facebook,linked in,stumbled upon,digg,pinterest, billionaires,hollywood,celebrities,public relations,marketing,pr,business,money,forbes,film finance,mashable,video gaming,technology
#PRIVATEEQUITY #VENTURECAPITAL, #HEDGEFUNDS, #INVESTMENTBANKING & a few fun things as well. Check US OUT: http://on.fb.me/vch6FQ http://linkd.in/oiB29lhttp://on.fb.me/sdaWqc http://bit.ly/uhH9hQ http://bit.ly/trKLuj http://goo.gl/Q376nkeywords: #PrivateEquity, #HedgeFunds, #VentureCapital, #InvestmentBanking, #AlernativeAssets, #CapitalMarkets, #MergersAndAcquisitions, #WallStreet, #IPO #ResilientMediaEntertainment, #IPO, @Resilient_Ent, #Film, #Music, #VideoGaming, #Media, #Fashion, #TV, #Technology #JointVentures #FaceBook #Magazines #PublicRelations #Radio #WealthManagementtags: +PrivateEquity, +HedgeFunds, +VentureCapital, +InvestmentBanking, +AlernativeAssets, +CapitalMarkets, +MergersAndAcquisitions, +WallStreet, +IPO +ResilientMediaEntertainment, +IPO, +@Resilient_Ent, +Film, +Music, +VideoGaming, +Media, +Fashion, +TV, +Technology +JointVentures +FaceBook, +Magazines +PublicRelations,+Radio, +WealthManagement
No comments:
Post a Comment
WHAT SAY YOU?