Hedge Fund Northlander is Raising Money to Bet on Carbon Price Surge (Bloomberg)
Northlander Commodity Advisors started a new fund to bet that carbon prices have nowhere to go but up. The London-based hedge fund is looking to raise as much as $100 million for the new fund in the next 12 months, Ulf Ek, Northlander’s chief investment officer, said in an interview. Within two years he hopes to grow the fund to $500 million.
Legendary Investor Bill Miller Says the Window is Closing on the SPAC Market, But Singles Out 2 Names that Remain Attractive (Business Insider)
Legendary investor Bill Miller thinks the SPAC craze may be nearing the end. Pushed by a frenzy of excitement from retail investors and a desire from many pre-revenue companies to take an easier path to public markets, SPACs have boomed in 2020 and 2021. “I think that game is largely winding down now,” Miller told CNBC on Tuesday. “Many of the SPACs that came public came at extraordinarily expensive valuations. But now some of them have corrected.”
HSBC’s Former Global Fixed Income Head Joins Hedge Fund Brevan Howard (Financial News)
The former global head of fixed income at HSBC has re-emerged at hedge fund Brevan Howard around a year after his exit. Elie El Hayek, a 23-year veteran of the UK lender, has joined Alan Howard’s hedge fund as a portfolio manager, more than 12 months after leaving the bank as it unveiled a sweeping overhaul of its business.
WeWork Vet Hired to Launch Two Sigma’s Real Estate Fund (The Real Deal)
The former head of WeWork’s real estate investment arm has joined the quantitative hedge fund Two Sigma to help launch its new property investment platform. Rich Gomel joined the data-centric hedge fund as chief investment officer for its new Two Sigma Real Estate platform, the company announced Wednesday.
Wednesday 4/21 Insider Buying Report: EYEN, CCEL (Nasdaq.com)
On Tuesday, Eyenovia’s , Stuart M. Grant, made a $293,663 buy of EYEN, purchasing 60,692 shares at a cost of $4.84 each. Eyenovia is trading up about 5.9% on the day Wednesday. Before this latest buy, Grant bought EYEN on 3 other occasions during the past year, for a total investment of $2.71M at an average of $2.82 per share. And at Cryo-cell, there was insider buying on Tuesday, by Chairman, Co-CEO David Portnoy who purchased 11,000 shares at a cost of $9.90 each, for a total investment of $108,900.
Springworks Therapeutics Inc (SWTX) CEO Saqib Islam Sold $4.3 million of Shares (Guru Focus)
CEO of Springworks Therapeutics Inc, Saqib Islam, sold 62,500 shares of SWTX on 04/20/2021 at an average price of $68.02 a share. The total sale was $4.3 million. Springworks Therapeutics Inc has a market cap of $3.33 billion; its shares were traded at around $67.890000 with and P/S ratio of 91.74.
A Director at Acme United (NYSE MKT: ACU) is Selling Shares (Analyst Ratings)
Today, a Director at Acme United (ACU), Susan Murphy, sold shares of ACU for $163.2K. Following Susan Murphy’s last ACU Sell transaction on March 05, 2021, the stock climbed by 4.5%. This is Murphy’s first Sell trade following 4 Buy transactions.
