RIT Capital Partners plc revealed in its annual report that it has sold out of all of its investments in activist hedge fund manager Atticus Capital....
Last night, Bank of America (BAC) revealed that two more members of the bank’s board of directors had resigned. According to an article from Reuters,...
Och-Ziff has announced that it will use its own capital to seed as many as two new funds. According to HedgeWeek, this unusual move is part of Och-Ziff’s...
GLG Partners is planning to offer a series of alternative UCITS funds to retail investors in the United Kingdom later this year. According to an article...
BlackRock, Inc. (BLK) and Barclays plc (BCS) confirmed this morning in separate press releases that BlackRock is engaged in discussions to purchase Barclays’...
Continuous calls for a stronger board of directors with deeper financial experience at Bank of America (BAC) were answered on Friday when the bank announced...
On May 28th, in a SEC filing, hedge fund manager Palo Alto Investors expressed its concern over Canadian Superior Energy Inc’s (SNG) decision to postpone...
Paulson & Co revealed in a regulatory filing that it had closed out of a short position it had been holding in Barclays plc. According to the Financial...
Ramius LLC, an activist hedge fund manager, has signed an agreement to purchase boutique investment bank Cowen Group Inc. (NASDAQ: COWN) in a deal that...
After a humbling 2008, Jeffrey Gendell’s Tontine Partners is in the process of launching a new total return hedge fund. According to an article from...
JPMorgan Chase & Co. (JPM) is in the process of closing down its investment banking division’s Principal Investment Management group, according to an...
Mark and Andrew Madoff, the son’s of Bernie Madoff revealed in a Vanity Fair article this week that they have not spoken to their father since the night...
Boston-based Raptor Global Funds announced yesterday in a letter to investors that it was closing shop. The firm was formed in January of this year when...
Last week it was announced that activist investors Carl Icahn and Eastbourne Capital Management had successfully elected Dr. Alexander J. Denner and Dr....
Guggenheim Partners announced today that it has hired Alan Schwartz as executive chairman. From January to March of 2008, Mr. Schwartz was the CEO of...
Singapore-based Helios Capital Management announced plans to raise $50 million in capital for a “Slumdog Millionaire” fund that will invest in undervalued...
Cevian Capital, a leading shareholder activist focused investment firm, has acquired a 4.1% stake in South African insurer Old Mutual plc (OML.L), despite...
Former Deutsche Bank trader Boaz Weinstein is launching a new hedge fund firm called Saba Capital Management LP. According to an article from Bloomberg,...
With proxy season in full throttle this past week, many of the most heated shareholder activist battles experienced major developments. The biggest activist...
For the second year in a row, Aderans Holdings’ (8170.T) shareholders voted in favor of Steel Partner’s activist agenda. Yesterday, investors elected...
Last week in an unlikely defeat, activist hedge fund Millbrook Capital (MMI) withdrew its nominees for the board of Chemed Corporation (CHE). MMI had...
The Target Corporation (TGT) announced yesterday that a preliminary tally of votes suggest that investors have comfortably re-elected all four of the...
