Family office of Michael Dell builds 5.5% stake in Serco
MSDC Management, a hedge fund backed by MSD Capital, the “family office” of Michael Dell, has amassed a 5.58% stake, worth almost £53.5m, in Serco, the troubled outsourcing group disclosed on Wednesday. MSDC currently owns 30.6 million shares in the company, making it Serco’s sixth-largest shareholder, according to a filing…
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