Soros fund turns up as 8 percent shareholder in Guinness Peat

Thu, 23 Aug 2012

Aug. 24 (BusinessDesk) - A private investment fund linked to billionaire investor George Soros has appeared on the register of Guinness Peat Group, which is winding down its portfolio of assets to return funds to shareholders. Quantum Strategic Partners, a fund managed by Soros Fund Management, has raised its stake in GPG to 7.9 percent, or 128.2 million shares, GPG said in a statement to the London Stock Exchange. The existence of the Soros fund as a GPG shareholder had not previously been disclosed. Quantum is described as focusing on "c...

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