Rick Gerson's hedge fund firm Falcon Edge Capital has filed a 13G with the SEC regarding shares of Pandora (P). Per the filing, Falcon Edge now owns 5.5% of the company with 11.62 million shares (including 6.95 million shares issuable upon exercise of options).
This is an increase from the 4.67 million shares of exposure the firm had at the end of the second quarter. The filing was made due to activity on August 27th.
You can view other portfolio activity from Falcon Edge here. Prior to founding Falcon Edge, Gerson was at Blue Ridge Capital since its inception.
Per Google Finance, Pandora is "a provider of Internet radio services. The Company offers personalized experience for each of its listeners wherever and whenever they want to listen to radio on a range of smartphones, tablets, computers and car audio systems, as well as a range of other Internet-connected devices. In addition, Pandora offers local and national advertisers to provide targeted messages to its listeners using a combination of audio, display and video advertisements."
Wednesday, September 9, 2015
Falcon Edge Capital Boosts Pandora Stake
Tuesday, April 28, 2015
Falcon Edge Capital Discloses Jumei International Position
Rich Gerson's hedge fund firm Falcon Edge Capital has filed a 13G with the SEC regarding shares of Jumei International (JMEI). Per the filing, Falcon Edge now owns 5.9% of the company with over 5 million shares.
This is a newly disclosed equity position for the hedge fund and the filing was made due to activity on April 17th.
For more from this hedge fund, we've previously detailed some of Falcon Edge's portfolio activity here.
Per Google Finance, Jumei International is "an online retailer of beauty products. The Company has sold over 30,000 stock keeping units (SKUs) of beauty products."
Monday, January 26, 2015
Richard Gerson's Falcon Edge Capital Discloses Tekmira Pharma Stake
Richard Gerson's hedge fund firm Falcon Edge Capital has filed a 13G with the SEC regarding shares of Tekmira Pharma (TKMR). Per the filing, Falcon Edge now owns 9.9% of the company with over 2.22 million shares.
This is a newly disclosed equity position for the hedge fund and the filing was due to activity on January 12th. Tekmira recently bought OnCore Biopharma, creating a company focused on creating Hepatitis B treatments.
Prior to founding Falcon Edge, Gerson worked with John Griffin at Blue Ridge Capital, a fund the site has tracked for many years.
Per Google Finance, Tekmira Pharma is "a biopharmaceutical company focused on advancing ribonucleic acid (RNA) interference (RNAi) therapeutics and providing its lipid nanoparticle (LNP) delivery technology to pharmaceutical and biotechnology partners. Its product candidates include TKM-HBV, TKM-PLK1, TKM-Ebola and TKM-Marburg. TKM-HBV is an RNAi therapeutic for the treatment of Hepatitis B infection. The Company’s lead oncology product candidate, TKM -PLK1 is an oncology product platform that targets polo-like kinase 1 (PLK1), a protein involved in tumor cell proliferation and a validated oncology target. TKM-ALDH2 is an application of RNAi for alcohol use disorder with a target patient population who have moderate to severe alcohol use disorder. TKM-Ebola is an anti-Ebola viral therapeutic being developed under a contract with the United States Department of Defense Joint Project Manager Medical Countermeasure Systems. TKM-Marburg is used to treat hemorrhagic fever viral infections.."
Friday, August 9, 2013
Richard Gerson's Falcon Edge Capital Discloses E-Commerce China Dangdang Stake
Richard Gerson's hedge fund firm Falcon Edge Capital has just filed a 13G with the SEC regarding shares of E-Commerce China Dangdang (DANG). Per the filing, Falcon Edge has disclosed an 8.2% ownership stake with 4,392,000 shares. This is a newly disclosed position and the filing was required due to activity on July 29th.
About Falcon Edge
Gerson founded Falcon Edge after previously working with John Griffin at Blue Ridge Capital for many years. He co-founded the Blue Ridge China, PE unit. Falcon Edge launched with Navroz Udwadia (formerly of Eton Park) and James Minshull as COO (also from Eton Park).
About DangDang
Per Google Finance, E-Commerce China Dangdang Inc. (Dangdang) is "a holding company. It is a business-to-consumer (B2C), e-commerce Company in the People’s Republic of China."
