Singapore: Hedge fund Effissimo Capital boosts stake in Japanese shipper

Singapore: Hedge fund Effissimo Capital boosts stake in Japanese shipper

Hedge fund scrabble. Credit: Lending Memo

Effissimo Capital Management Pte, the hedge fund set up by former colleagues of activist investor Yoshiaki Murakami, increased its stake in a Japanese shipper to a level that gives it the right to veto some proposals at shareholder meetings.

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