Sentences with phrase «activist hedge»

Spotted at Tuesday's V.I.P. opening were big - money collectors like Steven A. Cohen, the hedge fund billionaire; Daniel S. Loeb, the activist hedge fund manager and Sotheby's new board member; Mitchell P. Rales, the Washington industrialist, and his wife, Emily; Jerry I. Speyer, chairman of the Museum of Modern Art; and Daniel Brodsky, chairman of the Metropolitan Museum of Art, and his wife, Estrellita, an independent curator.
Prior to founding Eyquem, Carlisle was an analyst at an activist hedge fund, general counsel of a company listed on the Australian Stock Exchange, and a corporate advisory lawyer.
Prior to founding the forerunner to Carbon Beach in 2010, Tobias was an analyst at an activist hedge fund, general counsel of a company listed on the Australian Stock Exchange, and a corporate advisory lawyer.
Andrew Shapiro is founder, president and portfolio manager of Lawndale Capital Management, an RIA based in Mill Valley, Calif., that manages activist hedge funds focused on small and micro-cap companies.
Prior to founding Eyquem in 2010, Tobias was an analyst at an activist hedge fund, general counsel of a company listed on the Australian Stock Exchange, and a corporate advisory lawyer.
* Entrepreneurial Shareholder Activism: Hedge Funds and Other Private Investors, which shows that the filing of a 13D notice by an activist hedge fund is a catalytic event for a firm that heralds substantial positive returns in the stock.
The authors find that the filing of a 13D notice by an activist hedge fund is a catalytic event for a firm that heralds substantial positive returns in the stock.
The paper confirms our view that the filing of a 13D notice by an activist hedge fund is a catalytic event for a firm that heralds substantial positive returns in the stock.
This issue of Barron's carries a brief article on activist hedge funds and makes mention of activist Jeff Ubben and his firm ValueAct Capital, which is regarded as one of the elite activist funds b...
• The right activists: If the median activist hedge fund investor essentially breaks even, as the evidence suggests, a blunderbuss approach of investing in a company targeted by any activist investor is unlikely to generate value.
This issue of Barron's carries a brief article on activist hedge funds and makes mention of activist Jeff Ubben and his firm ValueAct Capital, which is regarded as one of the elite activist funds because it has averaged gains of 144 percent in companies where they filed 13D forms.
An opportunity exists to front run participants in the market for corporate control — strategic acquirers, private equity firms, and activist hedge funds — and capture the control premium paid for acquired corporations.
A study of 888 campaigns mounted by activist hedge funds between 2001 and 2005 finds that the typical target companies are small to mid cap companies, have above average market liquidity, trade at low price to book value ratios, are profitable with solid cash flows and pay their CEOs more than other companies in their peer group.
US: Well, obviously this is the home of shareholder activism — there are far too many activist hedge funds to list!
Elliott Management Corp. has acquired Britain's biggest bookstore chain, Waterstones, the latest deal by the storied activist hedge fund as it builds up its private equity business.
Elliott Management has acquired Britain's biggest bookstore chain, Waterstones, the latest deal by the storied activist hedge fund as it builds up its private equity business.
BUZZFEED - June 20 - Osmium Partners is almost certain to win the four board seats it is gunning for when Spark holds its annual shareholder meeting, allowing the activist hedge fund to take control and force a sale of the company.
Telecom Italia shareholders will decide whether the activist hedge fund Elliott Management has the power to revamp the board against controlling stakeholder, the French entertainment group Vivendi.
Accordingly, the activist hedge fund has been pushing for changes in the firm, calling for new management, asset sales and the unwinding of a business diversification strategy.
Activist hedge fund JANA partners is targeting Qualcomm (QCOM).
Coincide, or not, Carl Icahn wrote a letter to Apple shareholders today saying that there is «no reason to persist» with his offer and that the activist hedge fund is «extremely excited about Apple's future.»
Yahoo! Inc. (NASDAQ: YHOO) is said to meet activist hedge fund Starboard Value next week as part of its efforts to avoid a proxy battle, according to a New York Post report.
«In a minority of cases, activist hedge funds may bring some lasting value for shareholders but largely at the expense of workers and bond holders; thus the impact of activist hedge funds appears to take the form of wealth transfer rather than wealth creation.»
Pershing Square, an activist hedge fund owned and managed by William Ackman, began hostile maneuvers against the board of CP Rail in September 2011 and ended its association with CP in August 2016, having netted a profit of $ 2.6 billion for his fund.
In June, activist hedge fund Marcato Capital Management won a bitter proxy contest that put three of its directors on the chicken - wing restaurant's board following which the company's chief executive Sally Smith said she would retire by the end of the year.
A phone call was made to Paul Hilal, an associate at Pershing Square Capital Management (Pershing Square), an activist hedge fund.
Bloomberg reported earlier in the month that Starboard Value, an activist hedge fund and Yahoo! Inc. (NASDAQ: YHOO) shareholder is «taking initial steps» in declaring a proxy fight with the company.
Worse, the merger price was even below the amount that shareholders would have received in the company's planned phased liquidation, which the company was considering under pressure from Elliott Management, an activist hedge fund and holder of approximate 15 % of American Capital stock.
Also, the initial gains of certain companies that acted on activists» push for change have attracted more investor money into activist hedge funds.
FirstEnergy shares spiked after a $ 2.5 bln capital injection from the activist hedge fund and others.
Activist hedge funds had targeted Forest City, saying its stock was undervalued, and blaming its New York arm for significant losses, including on Pacific Park.
Activist hedge fund manager Bill Ackman succeeded in 2013 in ousting Procter & Gamble's CEO Bob McDonald.
Fiat Chrysler Automobiles NV (NYSE: FCAU) is recruiting activist hedge funds to take a stake in General Motors Company (NYSE: GM) and prod GM into a merger, according to a Wall Street Journalreport.
SEOUL, April 27 (Korea Bizwire)-- Elliott Advisors Ltd., a unit of U.S. activist hedge fund Elliott Management Corp., on Friday reiterated its demand for a holding company structure for Hyundai Motor Group.
The independent directors of Newell Brands on March 14 criticized the tactics of activist hedge fund Starboard Value and its allies, which are waging a proxy fight for control of the consumer - brands group, and urged shareholders to back management's turnaround plan.
The decades - long conflict that is currently raging over short - termism and activist hedge funds strikes me as analogous to the Thirty Years» War of the 17th Century, albeit fought with statistics («empirical evidence»), op - eds and journal articles rather than cannon, pike and sword.
Activist hedge funds have substantially better incentives than managers of index funds or active mutual funds, but their activities do not provide a complete solution for the agency problems of institutional investors.
It also has been a sometime tool of activist hedge and pension funds for legitimate corporate governance changes, but left - leaning state and local pension funds and union pension funds have often used it to achieve political or social ends not shared by other investors.
«Despite the continued support of attacks by activist hedge funds by the Chair of the SEC, and many «Chicago school» academics who continue to rely on discredited statistics, there is growing recognition by institutional investors and prominent «new school» economists of the threat to corporations and their shareholders and to the economy of these attacks -LSB-...]
In June, activist hedge fund Third Point unveiled a $ 3.5 billion stake in Nestlé and asked for a series of actions including a formal margin target of 18 to 20 percent.
In other news, activist hedge fund Trillium Asset Management, which owns roughly 73,000 shares of Facebook's stock, is urging the company to set up a risk oversight committee.
Third Point LLC, another activist hedge fund, disclosed a stake in Macerich in November.
Activist hedge fund Jana, led by Barry Rosenstein, disclosed a nearly 9 percent stake in Whole Foods in April.
Elliott Management — the activist hedge fund that owns more than 2 percent of EMC shares and which had pressured it to break up — said in a statement that it will support the deal.
The Sunnyvale, California - based company started exploring a sale of the assets after coming under pressure from activist hedge fund Starboard Value LP.
Some big names took stakes in Snap during the first quarter, including billionaire George Soros» hedge fund, activist hedge fund Jana Partners, Daniel Loeb's Third Point and Daniel Och's Och - Ziff Capital Management.
5 The least the banks could do would be to leave some poorly governed shareholder - unfriendly companies for activist hedge funds to play with.
This DealBook article about the new alliances between activist hedge funds and long - only institutional shareholders is full of enjoyable oddities; here is my favorite part:
Previously, it had attracted investments from activist hedge funds Starboard Value and Corvex Management.
Mr. Ferguson is the second executive to leave the activist hedge fund in recent years to set up his own firm, after Mick McGuire departed to start Marcato Capital Management in 2010.
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