Hedge Fund and Insider Trading News: James Woodson Davis, Michael Novogratz, Farallon Capital Management, Twilio Inc (TWLO), HIVE Blockchain Technologies Ltd (HVBTF), and More

Covid-19 Caused Chaos for Investors in 2020. These Hedge Funds Earned Billions. (The Wall Street Journal)
For little-known hedge-fund manager Jim Davis, 2020 is a career-defining year. The one-time analyst for famed hedge-fund manager Julian Robertson Jr. came into the year managing $675 million at his Woodson Capital Management. That ballooned to about $1.7 billion by the end of November after bets he made against bricks-and-mortar retailers and on e-commerce firms hit pay dirt. His returns soared more than 100% for the year through October and he remains up over 90% through November.

Anthony Scaramucci’s SkyBridge Hedge Fund Just Invested $25 million in a Bitcoin Fund as it Sees an ‘Avalanche of Institutional Investors’ Buying Crypto in 2021 (Business Insider)
The latest institutional investor to dive into bitcoin is SkyBridge Capital, Anthony Scaramucci‘s hedge fund. The $9.3 billion firm filed an SEC form D on Monday to launch the “SkyBridge Bitcoin Fund L.P.” Scaramucci told CNBC that the fund started trading on Tuesday with $25 million of SkyBridge’s funding, and will go live to outside investors who can invest a minimum of $50,000 on January 4.

Logistics Start-Up, Delhivery Bags $25M Funds from Steadview Capital (TechStory.in)
Delhivery is one of the largest leading courier and delivery services or logistics company in India. Most recently, the Gurugram-based start-up has announced to raise USD 25 million funding in Secondary Market transaction from Steadview Capital, a Hong Kong-based alternative asset management company. According to reports, the Hong Kong-based hedge fund company has bought secondary shares worth INR 183 crore which converts to USD 25 million in Delhivery ahead of the logistics supply chain services company’s long-awaited planned Initial Public Offering (IPO) which is subsequent to happen in the next 12 to 15 months.

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U.S. Hedge Fund Farallon Joins Top Toshiba Shareholder in Call for EGM (Reuters)
TOKYO (Reuters) -U.S. hedge fund Farallon Capital Management said on Friday it has asked Toshiba Corp to convene an extraordinary shareholders meeting over the firm’s investment strategy, the second call for an EGM in a week by major Toshiba investors. Farallon, which owns a stake of more than 5% in Toshiba, joins top shareholder Effissimo Capital Management, which has a 9.91% stake, in calling for an emergency meeting.

Crypto Investor Novogratz Hopes for ‘Open-Minded’ Regulators in Biden Administration (CNBC)
Despite a Trump administration proposal to crack down on cryptocurrency activity, bitcoin has kept its shape in a sign of the bull market’s strength, Galaxy Digital founder Michael Novogratz told CNBC. “This is anti-dollar … and it’s anti-innovation. It’s going to push a lot of the cool stuff that’s happening in crypto offshore,” he said on “Squawk Box.” “I’m hoping, you know – we get a change of the guard in 20 days – I’m hoping we can get some more open-minded regulators,” he said.