Category Archives: Activist Funds
Rich pickings ahead for hedge fund survivors
Financial Times – It is becoming clear that the hedge fund universe is set to shrink. The most obvious casualties will be highly levered funds, in particular the strategies that cannot justify their fees without that level of leverage, such […]
Hedge funds request Dillard’s corporate records
Forbes – A group of Dillard’s Inc. investors is asking the family that controls most shares in the department store chain for corporate records containing information on family and business relationships and perks given to directors or executives of the department store […]
Hedge Fund Trian Partners to Hold Over 50 Million Fast Food Shares
West Palm Beach (HedgeCo.net) – Hedge fund Trian Partners said that they will buy about 49.4 million shares of fast-food operator Wendy’s/Arby’s Group for $4.15 per share, or about $205 million. The hedge fund and their affiliates now own about […]
Augustus macro hedge fund doubles assets
Hemscott – UK-based fund firm Augustus Asset Managers said on Tuesday assets under management in its fixed income and currency macro hedge fund have bucked market trends and doubled in the year to end-October. Augustus, formed from the management buyout […]
Cook starts to cut the mustard
Proactive Investors Australia – Why have investors been selling UK-listed coal miners – even the big boys like Xstrata, Rio and BHP Billiton – as if they were going out of fashion? Lack of understanding of the global market […]
Hedge Funds Get Rattled As Investors Seek Exits
Wall Street Journal – With anxiety about hedge-fund woes gripping the market, funds have their own fear: their investors. Some investors, particularly what are known as "funds of funds," are demanding their money back and may ramp up requests in […]
Final Voting Results For CSX Put Hedge Funds On Board
West Palm Beach (HedgeCo.Net) – Rail company CSX Corporation issued its final report, showing that four of hedge fund TCI Group’s nominees (Children’s Investment Fund Management) received a larger number of votes than four of CSX’s nominees. "We are delighted […]
Hedge Fund Eyes Trimming Hardee
New York Post- New York hedge fund Ramius took a bite out of CKE Restaurants Inc. – the owner of burger joints Hardee’s and Carl’s Jr. – with a scathing letter sent to CEO Andrew Puzder. Blasting him for the […]
Yahoo now faces more pressure, hedge funds say
Reuters- Officially, a potential $47.5 billion deal for Microsoft Corp to buy Yahoo Inc is over, at least for now. But longer term, hedge fund managers and analysts said the Yahoo board now faces more pressure than ever to deliver […]
AdultVest Hedge Fund Acquires iPorn
West Palm Beach (HedgeCo.Net)- Francis Koenig, Chairman of AdultVest Inc., announced the acquisition of iPorn.com. The acquisition coincides with the firm’s online marketplace topping $7 Billion in available capital for adult industry related investments. "We are very excited about the […]
Activist hedge funds win first victory in France
Reuters- Activist hedge funds have struck their first victory in France, building on successes in Britain and the Netherlands, where their aggressive tactics have forced several companies to bend to their will. Centaurus Capital and Pardus Capital Management got their […]
YouGov Alpha hedge fund targets $50 million
LONDON (Reuters) – Polling and research group YouGov said on Monday it is aiming to raise up to $50 million (25 million pounds) for the launch of a hedge fund that will use polling data to highlight lucrative investment strategies. […]