Hedge Fund and Insider Trading News: John Thaler, Michael Hintze, Daniel Kamensky, Mudrick Capital Management, Elliott Management, Ardelyx Inc (ARDX), Artis Real Estate Investment Trust (ARESF), and More
Nick Pappas, one of the most senior portfolio managers at Michael Hintze’s
CQS, has left the firm to set up his own distressed debt investing fund, according to people with knowledge of the matter. Pappas is planning to partner with Ivelina Green, CQS’s former head of special situations investing, for his new venture, the people said, who asked not to be identified as the matter is private.
Hedge-fund manager
Mudrick Capital Management LP threw a $100 million lifeline to AMC Entertainment Holdings Inc., which warned it still needs a substantial amount of additional liquidity to avert a bankruptcy filing. The world’s largest movie theater chain, which has over a thousand locations world-wide, said Friday that Mudrick committed to supply $100 million in debt financing and w