Kleinheinz Capital Starts Position in MWB Business Exchange ~ market folly

Tuesday, May 31, 2011

Kleinheinz Capital Starts Position in MWB Business Exchange

Hedge fund Kleinheinz Capital recently filed a disclosure with UK regulators. In it, they revealed a new position in MWB Business Exchange (LON: MBE). Due to trading on May 19th, Kleinheinz now owns 5.01% of MWB's outstanding shares.

In the past, we've also detailed how Kleinheinz thinks inflation is the biggest threat to emerging markets as well as some of their past portfolio commentary.

Per Google Finance, MWB Business Exchange is a "United Kingdom-based supplier of serviced offices. As at December 31, 2009, Business Exchange operated 73 centers providing over 14,000 workstations covering 1.2 million square feet of office space. The Company operates in two segments: four and five star serviced office accommodation under the Business Exchange brand, and three star serviced office accommodation under the City Executive Centres brand."


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