Shares of Whole Foods jumped more than 2 percent, to $36.46,
on reports that grocery giant Albertsons, controlled by private
equity firm Cerberus, may be interested in acquiring the
gourmet foods-oriented supermarket chain known for its high
prices. There is no deal so far. However, the report comes
about two weeks after activist hedge fund firm
JANA Partners disclosed it is part of a group that owns
nearly 9 percent of the shares of Whole Foods. The stock had
actually traded as high as $37.33 on Monday. It has climbed
more than 17 percent since
JANA disclosed its position on April 10.
Tiger Global Management participated in the $85 million
Series D financing of Quora, a question-and-answer website.
With the funding, the company is now worth about $1.8 billion,
according to venturebeat.com. The company has gotten
buzz in part because it was co-founded in 2009 by Adam
D’Angelo, who was Facebook’s chief
technology officer and also attended the prep school Phillips
Exeter Academy with Mark Zuckerberg. Tiger Global previously
led an $80 million fundraising for the company three years ago.
This is the investment firm’s third venture
capital investment made this year. It made only three
investments in the second half of 2016.
Highbridge Capital Management disclosed that as of April 13
it owned more than 5 million shares of ImmunoGen, or 5.34
percent of the biotechnology company, which is trying to
develop drugs to treat cancer. Highbridge did not own any
shares of the company at year-end. It has not yet filed
required documents disclosing first-quarter U.S. stock
PointState Capital said it owns more than 1.45 million
shares of Oncobiologics, or 5.3 percent of the biotechnology
company. The hedge fund firm did not own any common shares of
the company at year-end but held positions in two different
issues of warrants in the stock.
D.E. Shaw & Co. disclosed it owns 5.1 percent of
Applied Optoelectronics, a maker of fiber optic networking
The SS&C GlobeOp Forward Redemption Indicator stood at
2.41 percent in April. This is down from 3.48 percent in March.
In a press release, Bill Stone, chairman and chief executive
officer of SS&C Technologies, calls April’s
measurement "a sharp improvement on a year-over-year basis"
from 2.94 percent reported in April 2016. It also was the third
straight monthly improvement in the Redemption Indicator
compared to the same periods a year ago.