Brett Barakett Adds To Position In Tile Shop Hldgs Inc. (TTS)
In a recently submitted filing with the Securities and Exchange Commission (SEC), Brett Barakett's Tremblant Capital revealed that it has increased its stake in Tile Shop Hldgs, Inc.
Tremblant Capital Group, founded by Brett Barakett, is a hedge fund specializing in consumer goods and services. As CEO, Barakett's strategy has been to forecast consumer behavior and to correlate it to share price action. Before founding Tremblant Capital Group, Barakett was a portfolio manager at Louis Bacon's Moore Capital. His brother, Timothy Barakett, was the former manager of Atticus Capital, which discontinued its operations and liquidated its assets in August 2009, and is the present chairman of TRB Advisors.
