LONDON (Reuters) – Powerful hedge fund investors will increasingly seek a bigger say in the running of companies they invest in, says Sid Shamnath, an investment manager for Titanium Capital.
Shamnath, a manager of Titanium’s Global Event Driven Arbitrage Fund, said on Wednesday some of the large hedge funds had less freedom than their smaller rivals to take and exit positions and so needed to take a longer term view of their investments, prompting greater interest in company strategy.
“Large funds, like those managing something like 4 billion dollars, need to take a longer-term view … and need longer lock-up periods for investors,” Shamnath said at the Reuters Hedge Funds and Private Equity Summit in London.
