Hedge Fund Making 20% a Year For Last Decade Targets Uranium M&A

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Amar Naik,Zenith Investment Partners,Nexgen Energy Ltd.

(Bloomberg) -- A top performing hedge fund is betting the pullback in uranium producer NexGen Energy Ltd. will be short lived, as the industry’s growing...

-- A top performing hedge fund is betting the pullback in uranium producer NexGen Energy Ltd. will be short lived, as the industry’s growing appeal leaves the startup well placed for a potential takeover.Nvidia Sales Grow So Fast That Wall Street Can’t Keep Up

L1 Capital was founded by Raphael Lamm and Mark Landau in 2007, beginning with long-only stocks before launching the Long Short fund in 2014, that’s now about A$4.6 billion. More recently, the firm’s drawn plaudits for its Catalyst Fund that’s seen success with an activist strategy. It now manages across all its funds around A$7.5 billion.

The supply-demand outlook for uranium is positive given years of very little investment in production after the Fukushima accident, according to Naik. Vancouver, Canada, June 24, 2024 -- WestKam Gold Corp. is pleased to announce that it has signed a Letter of Intent dated June 21, 2024 with Ameranium Resources Corp. for the purchase of 100-per-cent legal and beneficial interest in 131 lode claims in Grand County, Utah, covering 2,649 acres , called the Powerline One Project . The Powerline lies within sedimentary rocks of the CoNEW YORK — Another slide for Wall Street heavyweight Nvidia kept U.S.

More people involved in the stock market is a good thing, explained veteran NYSE floor trader Peter Tuchman in a new episode of the Opening Bid podcast.

 

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Hedge Fund Making 20% a Year For Last Decade Targets Uranium M&AA top performing hedge fund is betting the pullback in uranium producer NexGen Energy Ltd. will be short lived, as the industry’s growing appeal leaves the startup well placed for a potential takeover.
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