BOSTON (Reuters) – Juul Labs Inc has develop into one the most important bets within the portfolio of Constancy’s $28 billion Blue Chip Progress Fund, whose publicity to the troubled e-cigarette maker has climbed to $761 million amid a regulatory backlash and departure of its high govt.
FILE PHOTO: An indication marks a Constancy Investments workplace in Boston, Massachusetts, U.S. September 21, 2016. REUTERS/Brian Snyder/File Photograph
Constancy Blue Chip Progress Fund’s (FBGKX.O) supervisor Sonu Kalra had 2.7% of the enormous fund’s belongings invested in Juul as of July 31, the newest fund disclosures present, up from 1.7% of belongings a yr earlier.
Though Juul stays…