LMR Partners LLP Increases Stake in Blue Acquisition Corp to 9.2%
On May 15, 2026, LMR Partners LLP and its affiliates filed a Schedule 13G/A disclosing a 9.2% ownership stake in Blue Acquisition Corp (BACC). The reporting group, which includes various LMR investment management entities and controlling individuals Ben Levine and Stefan Renold, reported beneficial ownership of 1,915,455 Class A Ordinary Shares as of March 31, 2026. These shares are held directly by LMR Multi-Strategy Master Fund Limited (1,540,455 shares) and LMR CCSA Master Fund Ltd (375,000 shares). This filing represents an increase from a previously reported 0.0% position, establishing a significant new holding for the investment manager. Additionally, the funds hold rights to receive a combined 150,000 additional Class A Ordinary Shares upon the consummation of the issuer's initial business combination. The reporting persons have shared voting and dispositive power over the reported shares. The filing was made under Rule 13d-1(b), indicating the shares were acquired in the ordinary course of business without the intent to change or influence control of the issuer.