Major REIT Short Gains HG Vora In 2018, As Hedge Fund Giant Bets On Gambling For 2019

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Rupert Hargreaves
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In the third quarter of last year, Reuters revealed that HG Vora Capital Management, the $4 billion hedge fund managed by Parag Vora, had acquired an interest of 4.9% in US casino operator Caesars Entertainment Corp.

Q4 hedge fund letters, conference, scoops etc

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According to sources at the time, the hedge fund was seeking to persuade the casino operated to explore options including divestitures or an outright sale of the company.

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk