Falcon Edge boosted its stake in Caesars Entertainment during the first quarter.
(Angus Mordant/Bloomberg)
Richard Gerson’s Falcon Edge Capital made perhaps more major changes to its portfolio than any other hedge fund in the first quarter. But it apparently paid off. At the end of March, four of the Tiger Management descendant’s six-largest U.S. common stock long positions were new,
To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.