Senator Investment Group Discloses Taminco Position ~ market folly

Friday, April 26, 2013

Senator Investment Group Discloses Taminco Position

Alexander Klabin and Doug Silverman's hedge fund Senator Investment Group filed a 13G with the SEC regarding shares of Taminco (TAM).  Per the filing, Senator has revealed an 8.82% ownership stake in Taminco with 5,750,000 shares.

The filing was required due to portfolio activity on April 18th as the company went public.  According to IPO materials, Taminco is the "world’s largest pure play producer of alkylamines and alkylamine derivatives."

In other recent portfolio activity from the hedge fund, we posted about how Senator added to its International Paper stake.


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