Big Time Hedge Fund Guy, George Soros, Buys Big Part of Manchester United (MANU) Through Offshore Company. GOOOOAAAAALLLL!!!!

 

As of August 9, 2012, Quantum Partners LP, a Cayman Islands [Ed.:  Spooooky offshore jurisdiction!] exempted limited partnership, filed a statement with the SEC disclosing that it owns 7.85%, or 3,114,588 shares, of Manchester United plc (NYSE:MANU), the company that owns the football [Ed.:  For our non-U.S. friends] or soccer team. You may know Quantum as George Soros’ hedge fund. [Ed.:  Spooky hedge fund guy/purported political Svengali]

Quantum filed on a Schedule 13G, meaning that Quantum and Soros view this holding as a passive investment.  Due to the MANU capital structure and the holdings of controlling shareholders, the Glazer family, they don’t have much choice.

Links:
Soros Fund Management LLC (Quantum’s investment manager), Quantum and Soros Manchester United Schedule 13G

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