Saturday, 23 May 2020

Hedge Fund Activist Shorting New York City Office Stocks …

An activist investor, understood for purchasing shares in property companies and pushing for changes in hopes of improving the stocks, is pursuing a brand-new tack: wagering versus some of New York City’s biggest office owners.

Jonathan Litt’s hedge fund, Land & Structures Investment Management, is taking brief positions in Empire State Realty Trust, SL Green Realty and Vornado Real estate Trust, according to a person familiar with the matter.

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source https://jobsearchtips.net/hedge-fund-activist-shorting-new-york-city-office-stocks/

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