IQ-EQ Acquires USD1.3tn Hedge Fund Administrator (Hedge Week)
IQ-EQ has acquired Blue River Partners (Blue River), a US provider of outsourced solutions to alternative asset managers in a deal that IQ_EQ says makes it a major player in the US private equity and hedge fund services market. The newly combined IQ-EQ US operation will total 200 people in the US as a result of this transaction. Founded in 2009, Blue River pioneered back-office outsourcing for alternative asset managers, and has grown to become an industry leader, servicing more than 400 clients across the US and employing approximately 180 team members across its seven office locations – Dallas (HQ), Fort Worth, Houston, Austin, New York, Chicago and San Francisco.
National Retail Properties Inc (NNN) EVP & Chief Acquisitions Offic Stephen A Jr Horn Sold $1 million of Shares (Guru Focus)
EVP & Chief Acquisitions Offic of National Retail Properties Inc., Stephen A Jr Horn, sold 18,000 shares of NNN on 02/14/2020 at an average price of $56.27 a share. The total sale was $1 million. National Retail Properties Inc is a real estate investment trust that invests in and develops properties throughout the United States. Most of the company’s properties are located in the Midwest, South, and Southeast of the United States.
Renaissance Technologies Rides Tesla Rally (Seeking Alpha)
Hedge fund Renaissance Technologies added ~3.3M shares of Tesla (NASDAQ:TSLA) in Q4 in a well-timed move. The firm founded by Jim Simons and known for its quantitative focus ended the quarter with almost 4M shares. Shares of Tesla are up 5.03% premarket to $840.82.
Tuesday 2/18 Insider Buying Report: SEE, WU (Nasdaq.com)
On Friday, Sealed Air’s Director, Patrick Duff, made a $525,000 buy of SEE, purchasing 15,000 shares at a cost of $35.00 a piece. Investors can pick up SEE at a price even lower than Duff did, with shares trading as low as $34.15 in trading on Tuesday which is 2.4% below Duff’s purchase price. Sealed Air is trading down about 1.2% on the day Tuesday. And at Western Union, there was insider buying on Friday, by Director Jan Siegmund who purchased 10,000 shares for a cost of $26.21 each, for a total investment of $262,100. This buy marks the first one filed by Siegmund in the past twelve months. Western Union Co is trading off about 0.7% on the day Tuesday.
National Retail Properties Inc (NNN) EVP & Chief Acquisitions Offic Stephen A Jr Horn Sold $1 million of Shares (Guru Focus)
EVP & Chief Acquisitions Offic of National Retail Properties Inc., Stephen A Jr Horn, sold 18,000 shares of NNN on 02/14/2020 at an average price of $56.27 a share. The total sale was $1 million. National Retail Properties Inc is a real estate investment trust that invests in and develops properties throughout the United States. Most of the company’s properties are located in the Midwest, South, and Southeast of the United States.
