This content is from:xinyabo体育
Glade Brook’s Alibaba Stake Posts Big Gain, Mitigates Losses
Tiger Grandcub Paul Hudson's firm enjoyed approximately double-digit returns from its Alibaba holding in the second quarter, which helped cut losses in its portfolios.
As investors — and employees — eagerly anticipate the imminent IPO of Chinese e-commerce giant Alibaba Group Holding, those with private shares have been marking up the value of their position. Paul Hudson’s Greenwich, Connecticut–based Glade Brook Capital Partners, a so-called Tiger Grandcub because Hudson once worked for a direct descendant
To continue reading,subscribe nowto Premium Journalism. Already a subscriber?Login.