Hints and tips:
...After all, investments in original production are fraught with risks....
...The stock rose the following day, increasing the value of Mr Samberg’s Microsoft investments by $14.8m....
...“With the exception of certain activities aimed solely at winding down Pequot, Samberg also has agreed to be barred from association with an investment adviser,” the SEC said....
...Samberg wrote in a letter that was sent to investors of his Pequot Capital Management Inc. late in the day on Wednesday....
...He will also give the group his views on macro trends to inform investment decisions....
...confidential information to Mr Samberg....
...With the situation increasingly untenable for the firm and for me, I have concluded that Pequot can no longer stay in business as an investment adviser.”...
...Because Mr Mack was a friend and business partner of Arthur Samberg, chief executive of Pequot, Mr Aguirre wanted to issue a subpoena to Mr Mack, but his superiors disagreed....
...Daniel Benton, co-founder of Andor, is retiring from managing outside capital after 24 years in the investment business, he told investors by letter on Wednesday....
...Andor was spun off from Art Samberg’s Pequot Capital Management in 2001....
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