According to The Market Digest, citing a disclosure report filed with the SEC, hedge fund Second Curve Capital acquired 56,828 additional shares in NewStar Financial during the most recent quarter end.
The Digest said the firm now holds a total of 2,649,562 shares of NewStar Financial which is valued at $18.8 million, which makes up about 12.7% of Second Curve Capital’s portfolio.
Second Curve Capital is a New York-based hedge fund that was founded by Tom Brown. Its principal focus is making investments in financial stocks.
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