Based in the United Kingdom’s capital city of London, JNE Partners is a British hedge fund. Since Jonathan Esfandi took the reins two years ago, he has been in charge. He was a partner at MSD Partners before joining JNE Partners as a managing partner. Founded in 2019, JNE Partners is a spin-off of MSD Partners and Mr. Esfandi has been CEO since then. As part of an effort to open an office in London, the executive joined his previous employer in 2006. He earned a bachelor’s degree in European Studies and Modern Languages from Manchester University. The holdings of JNE Partners aren’t particularly substantial. As of the third quarter of last year, this was valued at $177 million. AMERCO, Comcast Corporation, and Canadian Pacific Railway Limited are the three companies with the largest stakes.
Insider Monkey highlights the top 10 stock picks of Jonathan Esfandi’s JNE Partners. As of the end of the third quarter of 2021, Mr. Esfandi’s investment firm owned a $5 million stake in Starz Acquisition LLC. As a result, the company owned 202,000 shares, which accounted for 3% of its total investments. In 2016, Lions Gate Entertainment Corp. purchased the firm. It is Waldencast Acquisition Corp.’s goal to acquire businesses in the cosmetics and beauty sector. Beauty and wellness products are the focus of the company’s global expansion. Over the course of the year, Waldencast raised more than $1.2 billion in funding. After announcing the details of its IPO in June of last year, Elliott Opportunity II Corp. is yet another special purpose acquisition company. The total amount raised by the blank check company was $609 million. Canadian gold mining company NovaGold Resources Inc. operates in the United States. The Donlin Gold mining project in Alaska, which covers an eye-popping 71,420 acres, is the company’s primary ownership interest. When it comes to Orion Biotech Opportunities Corp., JNE Partners held 1.5 million shares worth $14.8 million, or 8.37 percent of the company’s total value. It was in May 2021 that the SPAC’s shares began trading on NASDAQ. For more details, click Top 10 Stock Picks Of Jonathan Esfandi’s JNE Partners.
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