Betaville Intelligence

RARE ALERT: Telit Communications said to ... - Part 30

Monday, 29 March 2021, 2:38 pm

With Telit Communications back in play the spotlight is on some of the big investors that could seal the company's fate.

One investor that will likely have a role is Davide Serra, the Italian hedge fund manager who runs Algebris.

Serra has held a personal stake (i.e. a shareholding in his own name rather than through his fund) in Telit for quite some time. Indeed, in 2018 he disclosed via RNS he controlled 7pc of the company...


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