AIR Asset Management Life Settlement Multi-Strategy Surpasses USD160m in Assets (Hedge Week)
AIR Asset Management, a hedge fund management firm focused on longevity-linked investments such as life settlements and annuities, has announced that the AIR US Life Fund II strategy has exceeded USD160 million in assets under management. The strong increase in the strategy’s assets has helped to fuel AIRAM’s rapid pace of growth as a firm. Despite the challenging environment over the last 18 months, AIRAM has been able to increase assets under management to over USD430 million. The firm believes this is a testament to the value and stability they provide for their investors.
ATIF-1 Hedge Fund Receives US$1 Million Subscription from ATIF’s Chairman of The Board (MarketWatch)
LOS ANGELES, June 24, 2021 /PRNewswire via COMTEX/ — LOS ANGELES, June 24, 2021 /PRNewswire/ — ATIF Holdings Limited (Nasdaq: ATIF), a holding group providing business and financial consulting in Asia and North America, announced that its newly launched ATIF-1 Hedge Fund has received US$1 million subscription through President and Chairman of the Board, Jun Liu’s investment. The subscription is a firm expression of Liu Jun’s support and endorsement of the fund’s management team and his belief that ATIF-1 Hedge Fund will provide investors with substantial returns in the future.
Friday 6/25 Insider Buying Report: TALK, CYT (Nasdaq.com)
On Tuesday, Talkspace’s Director, Douglas L. Braunstein, made a $50M buy of TALK, purchasing 5,000,000 shares at a cost of $10.00 a piece. Bargain hunters can snag TALK at a price even lower than Braunstein did, with shares trading as low as $8.81 at last check today — that’s 11.9% under Braunstein’s purchase price. Talkspace is trading off about 2.1% on the day Friday. This purchase marks the first one filed by Braunstein in the past year. And at Cyteir Therapeutics, there was insider buying on Tuesday, by Director Janwillem Naesens who bought 277,777 shares at a cost of $18.00 each, for a trade totaling $5M. Cyteir Therapeutics is trading up about 6% on the day Friday.
The Chairman & CEO of DXP Enterprises (NASDAQ: DXPE) is Buying Shares (Analyst Ratings)
Today, the Chairman & CEO of DXP Enterprises (DXPE), David Little, bought shares of DXPE for $860.7K. This recent transaction increases David Little’s holding in the company by 2.26% to a total of $42.35 million. The company has a one-year high of $35.98 and a one-year low of $15.42. Currently, DXP Enterprises has an average volume of 76.23K. DXPE’s market cap is $600 million and the company has a P/E ratio of -16.20.
Snowflake Inc (SNOW) CEO and Chairman Frank Slootman Sold $7.8 million of Shares (Guru Focus)
CEO and Chairman of Snowflake Inc, Frank Slootman, sold 31,546 shares of SNOW on 06/21/2021 at an average price of $247.31 a share. The total sale was $7.8 million.
