Firm makes big investment in Surgery Partners — 3 insights

Talomon Capital, a London-based investment firm, bought about 2.6 million shares of Brentwood, Tenn.-based Surgery Partners, according to the Nashville Post and Brentwood Home Page.

Three insights:

1. Talomon Capital likely amassed its entire stake in Surgery Partners in recent weeks.

2. Talomon Capital manages about $307 million for clients, meaning its investment in Surgery Partners accounts for about 5 percent of its total investments.

3. The value of Surgery Partners' shares has dropped two-thirds in the past year. Several top executives have left the company, which is working to close a federal investigation into its drug-testing practices.

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