|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||26.20 - 27.00|
|52 Week Range||10.90 - 29.00|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Value fund invests in data analytics company, cuts Baidu and Jefferies
Topwater Capital, a division of Leucadia Asset Management, today announced a strategic partnership and investment from one of the five largest Endowments in the U.S. In connection with the partnership, the Endowment has made an investment in Topwater’s first-loss platform on May 1, 2021 and committed to additional investments over a three-year period. The Endowment’s investment coupled with the investment from Jefferies Financial Group Inc. locks up future capacity resulting in a decision to "hard close" the Topwater funds.
Shares were trading at 251.72p at the time of writing.