Rich Gerson's hedge fund firm Falcon Edge Capital has filed a 13G with the SEC regarding shares of Jumei International (JMEI). Per the filing, Falcon Edge now owns 5.9% of the company with over 5 million shares.
This is a newly disclosed equity position for the hedge fund and the filing was made due to activity on April 17th.
For more from this hedge fund, we've previously detailed some of Falcon Edge's portfolio activity here.
Per Google Finance, Jumei International is "an online retailer of beauty products. The Company has sold over 30,000 stock keeping units (SKUs) of beauty products."
Tuesday, April 28, 2015
Falcon Edge Capital Discloses Jumei International Position
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