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Farallon Moves In on Mills
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Updated from 12:50 p.m. EDT
Farallon Capital, one of the world's largest hedge funds, has taken a 5.6% stake in troubled mall owner Mills Corp. (MLS Quote).
The San Francisco-based hedge fund disclosed in an Securities and Exchange Commission filing Thursday that it owns 3.18 million shares of Mills, which is currently restating its financials and exploring a sale of the company.
Farallon was named the world's largest hedge fund in 2004 by Institutional Investor magazine, which said the firm had $12.5 billion of capital at the end of that year. ...
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