Arminio Fraga

Highbridge Buys Controlling Stake in Gavea

October 28, 2010 James Heinsman Hedge Fund News

J.P. Morgan Chase & Co. owned global hedge fund Highbridge Capital Management announced that it bought a 55% Gavea Investimentos and intends to increase its ownership to 100%. Highbridge’s investment will give the bank a needed increase to its asset-management revenue. The operation recorded a 2% drop in third-quarter net profit to $420 million from […]


Arminio Fraga, Gavea Investimentos, Glenn Dubin, Highbridge Capital Management,

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