Tetragon Financial Group Limited and Affiliates Acquire 5.6% Stake in UiPath, Inc.
On April 1, 2026, a group of reporting persons led by Tetragon Financial Group Limited and Tetragon Financial Management L.P. filed a Schedule 13G regarding their holdings in UiPath, Inc. (PATH). The filing reveals that the group collectively beneficially owns 25,500,201 shares of Class A common stock, representing a 5.6% ownership stake in the company. The reporting group includes Westbourne River Event Master Fund, Tetragon Partners L.P., Tetragon Partners GP Ltd, Tetragon Partners US LP, Tetragon Partners UK LLP, and principals Patrick G. G. Dear and Reade E. Griffith. The shares are held through various entities: Westbourne River Event Master Fund directly holds 4,632,044 shares, while other portions are held through Tetragon Financial Group Limited and a managed account. The filing indicates that the securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. The percentage calculation is based on 459,231,166 shares outstanding as of March 20, 2026.